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

Consider the following information:
\table[[State of Economy,\table[[Probability of State],[of Economy]],\table[[Rate of Return if],[State Occurs]]],[Recession,.10,-.17],[Normal,.60,.08],[Boom,.30,.27]]
Calculate the expected return.
Note: Do not round intermediate calculations and enter your answer as a percentrounded to 2 decimalplaces,e.g.,32.16.
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