What Is the Expected Return on This Stock Given the Following

Multiple Choice

What is the expected return on this stock given the following information?
$\begin{array}{lcr}\text { State of the Economy } & \text { Probability } & E(R) \\\text { Boom } & .7& 12 \% \\\text { Recession } & .3 & 8\%\end{array}$

A) 6.00% .
B) 2.00%
C) 0%
D) 2.00%.
E) 6.00%