Business Finance 1 Dashboard ; My courses I EC / 202301 f EYNESBURY202301CF1N1002 / Assessments ;' Quiz2 You recently purchased a stock that is expected to earn 19 percent in a booming economy,12 percent in a normal economy. and lose 8 percent in a recessionary economy. The NutyEt probability of a boom economy is 16 percent while the probability of a normal economy is 78 percent What is your expected rate of return on this stock? answered Marke'j \"\"th C a. 12.54 percent mo 1' Flag question C b. 11.92 percent C c. 10.25 percent 0 cl. 12.40 percent