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Dutch Bros. Coffee common stock is currently selling for $25 per share. Security analysts at Goldman Sachs have assigned the following probability distribution to the

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Dutch Bros. Coffee common stock is currently selling for $25 per share. Security analysts at Goldman Sachs have assigned the following probability distribution to the price of (and rate of return on) Dutch Bros. Coffee stock one year from now: Price Rate of Return Probability $15 -40.0% 0.12 $20 -20.0% 0.28 $32 +28.0% 0.45 $40 +60.0% 0.15 Assuming that Dutch Bros. Coffee is not expected to pay any dividends during the coming year, determine the expected rate of return on Dutch Bros. Coffee Stock. 12.10% 7.00% 11.20% 28.00%

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