Phoenix Company common stock is currently selling for $15 per share. Security analysts at Smith Blarney have assigned the following probability distribution to the price of (and rate of return on) Phoenix stock one year from now: Price Probability -20% S12 15 20 0.20 0.25 0.35 0.20 +33% +47% Assuming that Phoenix is not expected to pay any dividends during the coming year, determine the expected rate of return on Phoenix Stock