-What Is the Expected Return of Stock R?
A) 12

Multiple Choice

$\begin{array}{c}\begin{array}{c}\underline{\text {State of the economy}}\\\text {Boom}\\\text {Normal}\\\text {Recession}\end{array}\begin{array}{c}\underline{\text {Probability}}\\.4\\.3 \\.3 \end{array}\begin{array}{c}\underline{\text {Stock R}}\\32 \% \\10 \% \\-9 \%\end{array}\end{array}$

-What is the expected return of Stock R?

A) 12.42%
B) 14.11%
C) 10.05%
D) 13.10%
E) 11.65%