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Calculate the expected return on a stock that has a 25-percent probability of a 33-percent return, a 45-percent probability of a 43-percent return, and a

Calculate the expected return on a stock that has a 25-percent probability of a 33-percent return, a 45-percent probability of a 43-percent return, and a 30-percent probability of a 18-percent return.

33.00 percent

37.75 percent

34.75 percent

28.25 percent

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