Toyota Stock Has the Following Probability Distribution of Expected Prices

Multiple Choice

Toyota stock has the following probability distribution of expected prices one year from now: $$\begin{array} { l l l } \underline{\text { State }} &\underline{ \text { Probability} } &\underline{ \text { Price }} \\1 & 25 \% & \$ 50 \\2 & 40 \% & \$ 60 \\3 & 35 \% & \$ 70\end{array}$$ If you buy Toyota today for $55 and it will pay a dividend during the year of $4 per share,what is your expected holding-period return on Toyota?

A) 17.72%
B) 18.89%
C) 17.91%
D) 18.18%
E) None of the above