Freedman Flowers' stock has a 50\% chance of producing a 34% return, a 30% chance of producing a 23% return, and a 20% chance of producing a 38% return. What is the firm's expected rate of return? Select the correct answer. a. 16.06% b. 16.12% c. 16.30% d. 16.18% e. 16.24%