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A company's stock has a 25% chance of producing a 16% return, a 50% chance of producing a 12% return, and a 25% chance of

A company's stock has a 25% chance of producing a 16% return, a 50% chance of producing a 12% return, and a 25% chance of producing a 18% return. What is the stock's expected rate of return?

A

4.50%

B

5.50%

C

14.5%

D

6.20%

E

4.60%

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