Suppose you use 1,000 RMB from your savings to kick off a start-up. The start-up's income is uncertain. In a good year, it will generate 116 RMB of income, in a so-so year, it will generate 79 RMB of income, and in a bad year, it will generate only 14 RMB of income. A good year occurs with probability 30%, a so-so year 60%, and a bad year 10%. 1. What is the expected return on equity (in %) in this example? Please round the percentage to 2 decimal points. For example, if the expected return is 1.25%, then type 1.25 in the answer box