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Freedman Flowers' stock has a 50% chance of producing a 19% return, a 30% chance of producing a 40% return, and a 20% chance of

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Freedman Flowers' stock has a 50% chance of producing a 19% return, a 30% chance of producing a 40% return, and a 20% chance of producing a 18% return. What is the firm's expected rate of return? Select the correct answer. a. 17.50% b. 17.60% C 17.90% d. 17.70% e. 17.80%

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