Assume the Economy Has an 6 Percent Chance of Booming

Assume the economy has an 6 percent chance of booming, am 8 percent chance of being recessionary, and being normal the remainder of the time.A stock is expected to return 22.5 percent in a boom, 11.5 percent in a normal economy, and -8 percent in a recession.What is the expected rate of return on this stock?

A) 5.5 percent
B) 9.15 percent
C) 6.69 percent
D) 10.60 percent
E) 10.38 percent