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If there is a 20% probability of obtaining a return of 16%, a 30% probability of receiving a 14% return, a 40% probability of receiving
If there is a 20% probability of obtaining a return of 16%, a 30% probability of receiving a 14% return, a 40% probability of receiving a 12% return and a 10% probability of obtaining an 8 % of return, what will be the expected rate of return? a. 12% b. 13% c. 14% d. 15%
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