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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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