Midwest Fastener Supply stock is expected to return 16 percent in a booming economy, 12 percent in a normal economy, and -3 percent in a recession. The probabilities of an economic boom, normal state, or recession are 12 percent, 80 percent, and 8 percent, respectively. What is the expected rate of return on this stock? Seleccione una: a. 10.67 percent b. 10.95 percent c. 11.28 percent d. 11.91 percent e. 11.70 percent