You have decided to invest $220,000 on stock A and $420,000 on stock B. You believe that the probabilities of having a boom next year is 40%, of having a stable economy is 40%, and of having a recession is 20%. For boom, the Stock A price next year is $48 and the dividend next year is $3. For stable, the Stock A price next year is $30 and the dividend next year is $2. For recession, the Stock A price next year is $25 and the dividend next year is $0. For boom, the Stock B price next year is $20 and the dividend next year is $2. For stable, the Stock B price next year is $15 and the dividend next year is $0. For recession, the Stock B price next year is $10 and the dividend next year is $0. Stock A's current price is $34, and stock B's current price is $14. What is the expected rate of return of your portfolio over the following year? The rate is 17.37%. The rate is 12.35%. The rate is 20.00%. The rate is 14.98%