Josh has invested in a stock that has a 5% chance of producing a +16% return, a 10% chance of producing a +20% return, a 15% chance of producing a 40% return, a 30% chance of producing an +18% return, and a 40% chance of producing a +25% return. Determine Joshs expected rate of return on this investment.

Group of answer choices

10.4%

12.2%

8.5%

9.6%