es Consider the following information: State of Economy Recession Normal Boom Probability of State of Economy .20 .45 .35 Expected return Rate of Return if State Occurs 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. % -.09 .11 .30

Consider the following information: Calculate the expected return. Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.9., 32.16. Expected retion