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After some study of the economy, yout forecast for next year is that a boom ecconomy has a 30% chance of occurring, a neutral economy

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After some study of the economy, yout forecast for next year is that a boom ecconomy has a 30% chance of occurring, a neutral economy 50%, and a bust economy a 20% chance of occurring. You also estimate that a certain stock would have a return of 30% in a boom economy next year, 21%6 in a neutral economy, and -147 in a bust economy. The risk-free rate is 4.7%. What is the expected risk premium for this stocknext year? (Answer to the nearest tenth of a percent, but do not use a percent sign). Risk.ffee Rate 4.796

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