You recently purchased a stock that is expected to earn 12 percent in a booming economy, 6 percent in a normal economy, and lose 2 percent in a recessionary economy. There is a 15 percent probability of a boom, a 74 percent chance of a normal economy, and a 11 percent chance of a recession. What is your expected rate of return on this stock? 5.33 percent 6.25 percent 6.02 percent 6.00 percent 3.01 percent