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

Consider the following information:
\table[[State of,Probability of,\table[[Rate of Return],[if State Occurs]]],[,],[\table[[State of],[Economy]],Stock A,Stock B],[Recession,0.20,0.05,-0.20],[Normal,0.40,0.10,0.10],[Boom,0.40,0.13,0.25]]
a. Calculate the expected return for the two stocks. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)
\table[[,,],[Expected return for A,,%
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