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A firm's stock has 50% chance of a 28% rate of return. a 30% chance of a 19% rate of return. and a 20% chance

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A firm's stock has 50% chance of a 28% rate of return. a 30% chance of a 19% rate of return. and a 20% chance of a -11% rate of return. What is the expected return for this stock? Answer as a percent return to the nearest hundredth of a percent as in xx.xx without entering a percent symbol. For negative returns include a negative sign

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