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

Security Returns If State Occurs
State of Probability of
Economy 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: (Negative values should be indicated by a minus sign. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places. Omit the "%" sign in your response.)

State of Economy Probability of State of Economy Portfolio Return If State Occurs Product
Bust .40 % %
Boom .60 % %
E(RP) = %

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