-What Is the Expected Return of Stock P?
A) 15

Multiple Choice

$\begin{array}{c}\begin{array}{c}\underline{\text {State of the economy}}\\\text {Boom}\\\text {Recession}\end{array}\begin{array}{c}\underline{\text {Probability}}\\.3\\.7\\\end{array}\begin{array}{c}\underline{\text {Stock Q}}\\14 \% \\8\% \\\end{array}\end{array}$

-What is the expected return of Stock P?

A) 15.3%
B) 10.9%
C) 17.1%
D) 14.4%
E) 15.8%