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Lovely Inc.'s stock has a 50% chance of producing a 20% return, a25% chance of producing a 8% return, and a 25% chance of producinga16%return.WhatisDONRIC's

Lovely Inc.'s stock has a 50% chance of producing a 20% return, a25% chance of producing a 8% return, and a 25% chance of producinga16%return.WhatisDONRIC's expected value ofreturn?

A. 16%

B. 34%

C. 0%

D. NONE OF THE CHOICES

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