3. The stock of Chocolate Galore is expected to produce the following returns given the various states of the economy. What is the expected return on this stock? Probability State of of State of Rate of Economy Economy Return Recession .02 -.OIS Normal .88 .1 1 Boom . 10 .1 7 a. 7.33 percent 13. 9.82 percent c. 11.26 percent d. 11.33 percent e. 11.50 percent