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. Dothan Inc.'s stock has a 25% chance of producing a 17% return, a 50% chance of producing a 12% return, and a 25% chance

. Dothan Inc.'s stock has a 25% chance of producing a 17% return, a 50% chance of producing a 12% return, and a 25% chance of producing a -18% return.

What is the firm's expected rate of return?

a. 5.81%

b. 5.75%

c. 6.27%

d. 4.43%

e. 4.72%

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