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Data Table (Click on the following icone in order to copy its contents into a spreadsheet.) Forecasted Returns for Each Economy Investment Stock Corporate bond

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Data Table (Click on the following icone in order to copy its contents into a spreadsheet.) Forecasted Returns for Each Economy Investment Stock Corporate bond Government bond Boom 29% 10% 9% Stable Growth 14% 7% Stagnant 6% 6% 5% Recession -15% 3% 6% 2% Print Done Expected return. Hull Consultants, a famous think tank in the Midwest, has provided probability estimates for the four potential economic states for the coming year. The probability of a boom economy is 11%, the probability of a stable growth economy is 20%, the probability of a stagnant economy is 48%, and the probability of a recession is 21%. Estimate the expected returns on the following individual investments for the coming year, Hint: Make sure to round all intermediate calculations to at least seven (7) decimal places. The input instructions, phrases in parenthesis after each answer box, only apply for the answers you will type. What is the expected return of the stock investment? % (Round to two decimal places.)

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