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Freedman Flowers' stock has a 50% chance of producing a 37% return, a 30% chance of producing a 37% return, and a 20% chance of

Freedman Flowers' stock has a 50% chance of producing a 37% return, a 30% chance of producing a 37% return, and a 20% chance of producing a 21% return. What is the firm's expected rate of return? Select the correct answer. a. 25.28% b. 25.32% c. 25.40% d. 25.36% e. 25.44%

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