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Donuts Inc has a 30% chance of producing a 11% return, a 40% chance of producing a 5% return, and a 30% chance of producing

Donuts Inc has a 30% chance of producing a 11% return, a 40% chance of producing a 5% return, and a 30% chance of producing a -2% return. What is the firm's expected rate of return? Do not round your intermediate calculations.

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