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Investment X has a 25% chance of producing a 22% return, a 50% chance of producing a 17% return, and a 25% chance of producing

Investment X has a 25% chance of producing a 22% return, a 50% chance of producing a 17% return, and a 25% chance of producing a return of -8%. What is X's expected return?

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10.15%

9.75%

9.33%

11.79%

12.00%

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