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Calculate the expected return on a stock that has a 35-percent probability of a 47-percent return, a 40-percent probability of a 57- percent return, and

Calculate the expected return on a stock that has a 35-percent probability of a 47-percent return, a 40-percent probability of a 57- percent return, and a 25-percent probability of a 32-percent return.

O 42.50 percent O 52.00 percent O 49.00 percent O 47.25 percent

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