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en & Barry's Co.'s stock has a 15% chance of producing a 25% return, a 40% chance of producing a 15% return, a 30% chance
en & Barry's Co.'s stock has a 15% chance of producing a 25% return, a 40% chance of producing a 15% return, a 30% chance of producing a zero return, and a 15% chance of producing a 10% return. What is this firm's stock expected rate of return?
a. | 8.75% | |
b. | 8.25% | |
c. | 7.50% | |
d. | 8.50% | |
e.8.00% |
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