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

Consider the following information:
\table[[State of,Probability of state,Rate of Return if state],[Economy,of Economy,Occurs],[Recession,.22,-.11],[Normal,.47,.13],[Boom,.31,.32]]
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 retum %
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