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Krater's stock has a 20% chance of producing a 5% return, a 30% chance of producing a -5.00% return, and a 50% chance of producing
Krater's stock has a 20% chance of producing a 5% return, a 30% chance of producing a -5.00% return, and a 50% chance of producing a 10% return. What is the firm's expected rate of return?
A.) -1.50%
B.) 4.50%
C.) 5.00%
D.) 7.50%
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