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State of Economy Probability of State of Economy Portfolio Return If state occurs Recession .18 -.12 Normal .54 .14 Boom .28 .34 Calcuate the expected
State of Economy | Probability of State of Economy | Portfolio Return If state occurs |
Recession | .18 | -.12 |
Normal | .54 | .14 |
Boom | .28 | .34 |
Calcuate the expected Return:
(Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
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