You have been given this probability distribution for the holding-period return for a stock: State...

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You have been given this probability distribution for the holding-period return for a stock: State of the Probability HPR Economy Boom 0.40 22% INormal Growth 0.35 11% Recession 0.25 -9% What is the expected holding-period return for the stock closest to if you instead believe the HPR in the boom state is 18% ? O A. 11.67% OB. 8.80% O C. 10.4% O D. None of the options O E. 9.56%

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