A stock is expected to return 13% in an economic boom, 10% in a normal economy, and 3% in a recessionary economy. These economic states have probabilities of occurrence of 20%, 75%, and 5%, respectively. [NO SCREENSHOTS/EXCEL PLEASE]

a. Extra Credit: List a table for the scenario analysis with economic states, probability of the states, and return under each state.

b. Calculate the expected return of the stock.

c. Calculate the risk of the stock