Consider the following information:

$\backslash$table$[[$State of Economy,Probability of$,$Portfolio Return$],[$Recession$,$State of Economy,If State Occurs$],[$Normal$,0\mathrm{.}10,-0\mathrm{.}18],[$Boom$,0\mathrm{.}60,0\mathrm{.}11]]$

Calculate the expected return. $($Do not round intermediate calculation

Expected return