Use the following information on states of the economy and stock returns to calculate the expected return for Dingaling Telephone: Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. State of Economy Recession Normal Boom Probability of State Security Return if State Occurs of Economy 0.40 0.25 0.35 Answer is complete but not entirely correct. Expected return 5.86 % -6.00% 10.00 19.00

Use the foliowing information on states of the economy and stock iefurns to calculate the expected return for Dingaling Telepfione: Note: Do not round intermediate calculations. Enter your onswer as a percent rounded to 2 decimal places. Answer is complete but not entirely correct