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A company has a 50% probability of earning 5%, a 30% probability of earning 11%, and a 20% probability of earning 30%. What is the

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A company has a 50% probability of earning 5%, a 30% probability of earning 11%, and a 20% probability of earning 30%. What is the expected return for the company? 11.80% 6.80% 12.00% 15.33\% expected return =Pr1k1+Pr2k2+Pr3k3 Don't forget that the fist situation would give a NEGATIVE 5\% return

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