You Have Been Given This Probability Distribution for the Holding-Period

Multiple Choice

You have been given this probability distribution for the holding-period return for a stock: $$\begin{array} { l c r } \text { Stock of the Economy } & \text { Probability } & \text { HPR } \\\text { Boom } & 0.40 & 22 \% \\\text { Normal growth } & 0.35 & 11 \% \\\text { Recession } & 0.25 & - 9 \% \\\hline\end{array}$$ What is the expected variance for the stock?

A) 142.07%
B) 189.96%
C) 177.04%
D) 128.17%
E) None of the options are correct.