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Freedman Flowers' stock has a 50% chance of producing a 25% return, a 30% chance of producing a 10% return, and a 20% chance of

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Freedman Flowers' stock has a 50% chance of producing a 25% return, a 30% chance of producing a 10% return, and a 20% chance of producing a -0.05% return. What is the firm's expected rate of return? 12.4196 31.6596 14.596 15.15% 12.40%

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