Consider the following information:

$\backslash$table$[[$State of$,$Probability of$,$Portfolio$],[$Economy$,$State of$,$Return if State$],[$Recession$,$Economy,Occurs$],[$Normal$,\mathrm{.}22,-\mathrm{.}16],[$Boom$,\mathrm{.}47,\mathrm{.}12]]$

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

$\backslash$table$[[$Expected return,$\%$