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Calculate the expected return on a stock that has a 40-percent probability of a 33-percent return, a 35-percent probability of a 28-percent return, and a
Calculate the expected return on a stock that has a 40-percent probability of a 33-percent return, a 35-percent probability of a 28-percent return, and a 25-percent probability of a 10-percent return.
20.75 percent
25.50 percent
27.25 percent
30.25 percent
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