investing in asset $M$ alone? Hint: Find the standard deviations of asset $M$ and of the portfolio equally invested in assets $M,N,$ and $O.$

What is the expected return of investing equally in all three assets $M,N,$ and $O?$

$\%($Round to two decimal places.$)$

Data table

$($Click on the following icon in order to copy its contents into a spreadsheet.$)$

$\backslash$table$[[$States$,$Probability,Asset M Retum,Asset N Retum,Asset O Retum$],[$Boom$,33\%,13\%,22\%,1\%],[$Normal$,53\%,10\%,15\%,10\%],[$Recession$,14\%,1\%,2\%,13\%]]$