PLEASE SHOW WORK

You have the opportunity to buy an asset that's currently worth $103. Through some careful analysis, you have estimated that three possibilities for this asset are equally likely over the course of the next year: it will increase in value by 63 percent, decrease in value by 40 percent, or be worth exactly the same. Ignoring inflation (I know that's hard right now, but pretend with me!), what is the expected value of this asset one year from now? Round to one decimal place, please. Correct Answer: 110.9