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An investments possible payoffs are -20%, 20% and 10%. The probabilities that these payoffs will occur are 0.20, 0.40 and 0.40 respectively. Calculate the expected

An investments possible payoffs are -20%, 20% and 10%. The probabilities that these payoffs will occur are 0.20, 0.40 and 0.40 respectively. Calculate the expected rate of return on investment.

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