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An investment has a 10% chance of producing a 30% return, a 25% chance of producing a 20% return, a 45% chance of producing a
An investment has a 10% chance of producing a 30% return, a 25% chance of producing a 20% return, a 45% chance of producing a 10% return, and a 20% chance of producing a -10% return. What is its expected return?
a .7.5%
b. 9.5%
c. 11.25%
d. 10.5%
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