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

Calculate the expected returns for Roll and Ross by filling in the following table (verify your answer by expressing returns as percentages as well as decimals): (Negative amounts should be indicated by a minus sign. Round your Economy and E(R) answer to 2 decimal and Product answer to 4 decimal places. Omit the "%" sign in your response.)

		Roll		Ross
State of Economy	Probability of State of Economy	Return If State Occurs	Product		Return if State Occurs	Product
Bust			%				%
Boom			%				%
		E(R) =		%	E(R) =		%