Find the Expected Return for Stock B

Economic Outcome	Probability	Return
		Stock A	Stock B
1. Recession	P1 = .20	R1 = .01	R1 = .02
2. Recovery	P2 = .50	R2 = .10	R2 = .04
3. Growth	P3 = .30	R3 = .12	R3 = .08
Expected Return (R)		8.8%