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table [ [ table [ [ State of ] , [ Economy ] ] , table [ [ Probability of ] ,

\table[[\table[[State of],[Economy]],\table[[Probability of],[State],[of Economy]],Rate of Return if State Occurs],[Stock A,Stock B,Stock C],[Boom,.68,.11,.05,26],[Bust,32,15,21,-.06]]
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(a)What is the expected return on an equally weighted portfolio of these three stocks? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g.,32.16).)
Expected return
%
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