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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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