Crane company winhen to calculato its expected return on equity assuming three different states of the world. Crane's totalsts are $15 million and its tax rate is 40%. The leverage ratio is 10% and interest rate on debt is 15%. The company estimaton next year earnings before interest and taxes in three state of the world. These are $5 million with a probability of 02,83 million with a probability of 0.5 and $500,000 with a probability of 0.3. What is the company's expected return on equity? 01.12.01 2. 10.77% 3.15.63% 021.23%