Stand-alone Risk
You are evaluating two stocks, United Technologies, Inc. (UT) and Bigalow Giant Corporation (BG). You have done research on both of these companies, and have come up with the following data:
UT BG
Scenario Probability Return Return
Strong 25% 20% 16%
Normal 50% 10% 10%
Weak 25% -5% 5%
Based on this information, what is the Expected Return for UT (Round your answer to two decimal points?
Percentage ?