At Westonci.ca, we provide clear, reliable answers to all your questions. Join our vibrant community and get the solutions you need. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

Compute the expected return given these three economic states, their likelihoods, and the potential returns:
(Round your answer to 2 decimal places.)

Economic State Probability Return
Fast growth 0.31 48%
Slow growth 0.53 17
Recession 0.16 -31