expected return portfolio
Based on the following information, the expected return is percent. (Do not include the percent sign (%). Round your answer to 2 decimal places. (e.g., 32.16)) |
State of Economy |
Probability of State of Economy |
Portfolio Return if State Occurs |
Recession | 0.2 | –-0.06 |
Normal | 0.35 | 0.13 |
Boom | 0.45 | 0.25 |