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a. 9. Taggart Inc.'s stock has a 50% probability of producing a 25% return, a 25% probability of producing a 10% return, and a 25%
a. 9. Taggart Inc.'s stock has a 50% probability of producing a 25% return, a 25% probability of producing a 10% return, and a 25% probability of producing a -22.4% return. What is the firm's expected rate of return? 9.40% b. 9.65% 9.90% d. 10.15% e. 10.40% c
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