What is the expected return on this stock given the following information?
$\begin{array}{lcc}
\text { State of the Economy } & \text { Probability of } & \text { Rate of Return if } \
& \text { State of Economy } & \text { state occurs }\
\text { Boom } & .15 & 22 \% \
\text { Normal } & .60 & 11 \% \
\text { Recession } & .25 & -14 \%
\end{array}$
A)6.40%
B)6.57%
C)8.99%
D)13.40%
E)14.25%

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The Answer of What is the expected return on this stock given the following information?
$\begin{array}{lcc}
\text { State of the Economy } & \text { Probability of } & \text { Rate of Return if } \
& \text { State of Economy } & \text { state occurs }\
\text { Boom } & .15 & 22 \% \
\text { Normal } & .60 & 11 \% \
\text { Recession } & .25 & -14 \%
\end{array}$
A)6.40%
B)6.57%
C)8.99%
D)13.40%
E)14.25%

What Is the Expected Return on This Stock Given the Following