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A stockbroker calls you and suggests that you invest in the Lauren Computer Company. After analyzing the firm's annual report and other material, you believe
A stockbroker calls you and suggests that you invest in the Lauren Computer Company. After analyzing the firm's annual report and other material, you believe that the distribution of expected rates of return is as follows:
tableLAUREN COMPUTER COPossIble Rate of Return,Probabillty
Compute the expected return on Lauren Computer stock. Use a minus sign to enter a negative value, if any. Round your answer to one decimal place.
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