A stock is expected to return 11% in a normal economy. 19% if the economy booms, and lose 8% if the economy moves into a recessionary period. The economists predict a 65% chance of a normal economy, a 25% chance of a boom, and a 10% chance of a recession. What is the expected return on the stock? 11.10% 11.23% 12.06% 11.98%