A stock is expected to earn 18 percent in a boom economy, 11.00 percent in a normal economy, and lose 30 percent in a recessionary economy. There is a 20 percent chance the economy will boom and a 70 percent chance the economy will be normal. What is the expected risk premium for this stock if the risk-free rate is expected to be 3.60 percent? Multiple Choice 4.70 percent 4.41 percent 3.30 percent 3.74 percent