The stock of Biz Adventures sells for $35 a share. Its likely dividend payout and end-of-year price depend on the state of the economy by the end of the year as follows:

	Dividend	Stock Price
Boom	$1.20	$45
Normal economy	1.20	38
Recession	0.60	26

Calculate the expected holding period return if all three scenarios above are equally likely. Round your answer to three decimal places.