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14. MIRAJ's stock has 30% chance of producing a 15% return, a 40% chance of producing a 10% return, and a 30% chance of producing
14. MIRAJ's stock has 30% chance of producing a 15% return, a 40% chance of producing a 10% return, and a 30% chance of producing a 2% return. What is the firm's expected rate of return? * a) 7.8% O b) 8.2% O c) 9.1% O d) 10.2% O e) None of the above
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