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Freedman Flowers' stock has a 40% chance of producing a 20% return, a 30% chance of producing a 10% return, and a 30% chance of

Freedman Flowers' stock has a 40% chance of producing a 20% return, a 30% chance of producing a 10% return, and a 30% chance of producing a 18% return. What is the firm's expected rate of return?

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