Problem 11-1 Use the following information on states of the economy and stock returns to calculate the expected returrn for Dingaling Telephone: (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Omit the'%" sign in your response.) State of Economy Recession Normal Boom Probability of State of Economy Security Return If State Occurs .25 .35 -600% 10.00 19.00 Expected return