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Bloome Co.'s stock has a 25% chance of producing a 40% return, a 50% chance of producing a 15% return, and a 25% chance of

Bloome Co.'s stock has a 25% chance of producing a 40% return, a 50% chance of producing a 15% return, and a 25% chance of producing a ?8% return. What is the firm's expected rate of return?

7.72%

15.50%

8.55%

9.00%

9.50%

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