The following annual returns for Stock E are projected over the next year for three possible states of the economy. What is the stock's expected return? State Prob E(R) Boom 0.05 0.40 Normal 0.30 0.20 Recession 0.65 -0.25 O -0.0825 O 0.2600 O 0.2320 O 0.0800 O None of the listed items is correct

The following annual returns for Stock E are projected over the next year for three possible states of the economy. What is the stock's expected return? 0.0825 0.2600 0.2320 0.0800 None of the listed items is correct