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?
$\begin{array}{lrr}\text { state of the Economy}&\text { Probabllity}&\text { Rate of}\\&\text {of State of Economy}&\text {Return if}\\&&\text {State Occurs}\\\text { Boom } & .15 & 22 \% \\\text { Normal } & .60 & 11\% \\\text { Recession } & .25 & -14 \%\end{array}$

A) 6.40%
B) 6.57%
C) 8.99%
D) 13.40%
E) 14.25%