The rate of return for a stock is 17% If the state of the economy is recession, 16% If the state of the economy is normal, and 20% if the state of the economy is expansion. The probability for each state of the economy is 35%, 50%, and 15%, respectively. What is the expected return for this stock? Do not found intermediate calculations, Round the final answer to 2 decimal places. Omit the sign in your response. For example, an answer of 15.39% should be entered as 15.39 Numer Response