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You are an analyst covering the automotive industry. You need to come up with an...

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You are an analyst covering the automotive industry. You need to come up with an estimate of how you think the stock of GO-Green Cars will perform in the next year. To support your estimate, you have decided on 3 possible probabilities from the market after they announce their new 2022 cars. Market Reaction Rejection Mild Interest Excitement Probability of Reaction .18 .46 .36 Rate of Return Based on Reaction -.10 .12 .31 Calculate the expected return based on how the market reacts to the new 2022 car models. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 12.34.) Expected return %

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