You recently purchased a stock that is expected to earn 17 percent in a booming economy, 12 percent in a normal economy, and lose 5 percent in a recessionary economy. There is a 17 percent probability of a boom, a 66 percent chance of a normal economy, and a 17 percent chance of a recession. What is your expected rate of return on this stock? What is the beta of a portfolio comprised of the following securities? The common stock of Flavorful Teas has an expected return of 21.42 percent. The return on the market is 15 percent and the risk-free rate of return is 4.3 percent. What is the beta of this stock