Freedman Flowers' stock has a 50% chance of producing a 38% return, a 30% chance of producing a 38% return, and a 20% chance of producing a 30% return. What is the firm's expected rate of return? Select the correct answer. a. 24.25% b. 24.3096 c. 24.40% d. 24.35% e: 24.45%