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If you believe you have a 15% chance of doubling your money, a 21% chance of gaining 20%, and the remaining probability is associated with
If you believe you have a 15% chance of doubling your money, a 21% chance of gaining 20%, and the remaining probability is associated with losing your entire investment, what is your expected rate of return? (Do not round intermediate calculations; round your final answer to 4 decimals. Input percentages in a decimal form: e.g for 12.45% type in 0.1245).
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