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Suppose that you revise your expectations regarding the stock market, summarized as follows... State of EconomyProbabilityEnding Price ($)HPR (%) Boom0.3514044 Normal Growth0.3011014 Recession0.3580-16 Compute the

Suppose that you revise your expectations regarding the stock market, summarized as follows...

State of EconomyProbabilityEnding Price ($)HPR (%)

Boom0.3514044

Normal Growth0.3011014

Recession0.3580-16

Compute the mean of the HPR on stocks.

Record your answer as a percentage, rounded to 2 decimal places.

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