You have been given this probability distribution for the holding$-$period return for PG stock:

Stock of the Economy Probability HPR

Boom $0\mathrm{.}3018\%$

Normal growth $0\mathrm{.}5012\%$

Recession $0\mathrm{.}205\%$

What is the expected return for PG stock?

Multiple Choice

$12\mathrm{.}40\%$

$11\mathrm{.}54\%$

$11\mathrm{.}66\%$

$10\mathrm{.}40\%$