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Consider the following information: table [ [ , Probability of , Rate of Return if ] , [ State of Economy,State of Economy,State 0

Consider the following information:
\table[[,Probability of,Rate of Return if],[State of Economy,State of Economy,State 0ccurs],[Recession,.20,-.13],[Boom,.80,.19]]
Calculate the expected return.
Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.,32.16.
Expected return
%
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