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The Hennessey Hospitality Corp. is expected to generate different returns on one share of its common stock based on the different states of the economy.

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The Hennessey Hospitality Corp. is expected to generate different returns on one share of its common stock based on the different states of the economy. These are shown in the following data table below: State of the Economy. Anticipated Probability ( Reach state). Return (0) Recession 10.00% -5.00% Moderate Growth 60.00% 6.00% Boom 30.00% 18.00% Based on the financial data given above, what is the expected return of a share of Hennessey's common stock? 5.00% 8.50% 10.12% 9.10%

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