In evaluating different companies to invest in it was determined that due to the pandemic fast food restaurants are an attractive option. A fund that invests only in fast food restaurants has a has a 40% chance of producing a 20% return, a 50% chance of producing a 8% return, and a 10% chance of producing a -8% return. What is the funds expected rate of return? Do not round your intermediate calculations. Round final answer to two decimals