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

Consider the following information:
\table[[State of,\table[[Probability of],[State]],\table[[Rate of],[Return],[if State]]],[Economy,of Economy,Occurs],[Recession,.24,-.10],[Normal,.46,.12],[Boom,.30,.31]]
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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