Expected return. Bacon and Associates, a famous Northeast think tank, has provided probability estimates for the four potential economic states for the coming year. The probability of a boom economy is $20\%,$ the probability of a stable growth economy is $45\%,$ the probability of a stagnant economy is $20\%,$ and the probability of a recession is $15\%.$ Estimate the expected return on the following individual investments for the coming year.Expected return. Bacon and Associates, a famous Northeast think tank, has provided probability

estimates for the four potential economic states for the coming year. The probability of a boom

economy is $20\%,$ the probability of a stable growth economy is $45\%,$ the probability of a

stagnant economy is $20\%,$ and the probability of a recession is $15\%.$ Estimate the expected return

on the following individual investments for the coming year.

$($SHOW ALL THE WORK PLEASE$)$