Question 4 1 pts Consider the following information: State of Economy Probability of State of Economy Portfolio Return if State Occurs Recession 0.20 - 0.08 Boom 0.80 0.15 Calculate the expected return of the given portfolio. (Do not round intermediate calculations. Round your answer to 3 decimal places and do not enter your answer as a percent. IE: write 0.315 instead of 31.5%.)