USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

Multiple Choice

USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)
Based on the economic outlook for the industry, a financial analyst covering Top Choice Corporation has determined the following three possible returns given three different states of the economy over the next period.

-Refer to Exhibit 6.16. What is the expected return for Top Choice Corporation?

A) 5.2 percent
B) 10.4 percent
C) 13.7 percent
D) 15.0 percent
E) 17.6 percent