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You own an asset that will have one of the below returns over the next year. What is the expected return? (Answer as a decimal,

You own an asset that will have one of the below returns over the next year. What is the expected return? (Answer as a decimal, round to the nearest ten-thousandth)

There is a 0.2 probability of a bad outcome with a return of -4%.

There is a 0.0 probability of an ok outcome with a return of 2%.

There is a 0.3 probability of a good outcome with a return of 8%.

There is an unkown probability of a great outcome with a return of 11%.

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