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Freedman Flowers' stock has a 50% chance of producing a 27% return, a 30% chance of producing a 18% return, and a 20% chance of

Freedman Flowers' stock has a 50% chance of producing a 27% return, a 30% chance of producing a 18% return, and a 20% chance of producing a 37% return. What is the firm's expected rate of return? Select the correct answer. a. 11.26% b. 11.32% c. 11.50% d. 11.38% e. 11.44%

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