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Consider the following information: table [ [ State of , table [ [ Probability of ] , [ State of ] , [

Consider the following information:
\table[[State of,\table[[Probability of],[State of],[Economy]],\table[[Portfolio],[Return if State],[Occurs]]],[Economy,.24,-.20],[Recession,.49,.15],[Normal,.27,.29]]
Calculate the expected return. (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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