Consider the following information:

$\backslash$table$[[,\backslash$table$[[$Probability of$],[$State of$]],\backslash$table$[[$Portfolio$],[$Return if State$]]],[$State of Economy,Economy,Occurs$],[$Recession$,\mathrm{.}35,-\mathrm{.}20],[$Boom$,\mathrm{.}65,\mathrm{.}28]]$

Calculate the expected return. $($Do not round intermediate calculations and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

Expected return $$