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Calculate the expected return on a stock that has a 35-percent probability of a 43-percent return, a 35-percent probability of a 53-percent return, and a
Calculate the expected return on a stock that has a 35-percent probability of a 43-percent return, a 35-percent probability of a 53-percent return, and a 30-percent probability of a 28-percent return.
A. 42.00 percent
B. 37.25 percent
C. 46.75 percent
D. 43.75 percent
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