IDNLearn.com is your go-to resource for finding precise and accurate answers. Discover comprehensive answers from knowledgeable members of our community, covering a wide range of topics to meet all your informational needs.

Consider the following information: State of EconomyProbability of State of EconomyRate of Return if State Occurs Recession.17−.12 Normal.48.14 Boom.35.33 Calculate the expected return. Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.