Compute the expected return given these three economic states, their likelihoods, and the potential returns:

Economic State	Probability			Return
Fast Growth		0.1			50	%
Slow Growth		0.6			8	%
Recession		0.3			10	%

Multiple Choice

• 6.8 percent

• 12.8 percent

• 16.0 percent

• 22.7 percent

• Please correct answer please. Thank you!