Wat is the expected rate of return for att common stock , Financial Management

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Wat is the expected rate of return for att common stock

Suppose the following information represents possible future reutnrs for ATT stock next year:

State of Economy	Probability of state of economy	Rate of return if state occurs
1	.20	12%
2	.20	6%
3	.20	-10%
4	.20	22%
5	.20	5%
	1.00

What is the expected rate of return for ATT common stock?

What is the variance of return for ATT common stock?

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