You are trying to make your best guess about next year's return on Snapchat's stock, using the following information that is available to you today: If Snapchat is very profitable, the return next year will be 20%. This is a 32 percent likely scenario. If Snapchat does alright, the return next year will be 9%. This is a 55 percent likely scenario. If Snapchat does poorly, the return next year will be -6%. This scenario will happen with the remaining likelihood. Calculate Snapchat's next year's expected return