Problem 11-6 Portfolio Expected Returns (LO2, CFA3)

		Security Returns if State Occurs
State of Economy	Probability of State of Economy	Roll		Ross
Bust	.40	11	%	15	%
Boom	.60	22		5

Calculate the expected return on a portfolio of 50 percent Roll and 50 percent Ross by filling in the following table: (A negative value should be indicated by a minus sign. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)