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Menger Corporation has a 0.4 probability of a return of 0.37, a 0.3 probability of a rate of return of 0.05, and the remaining probability

Menger Corporation has a 0.4 probability of a return of 0.37, a 0.3 probability of a rate of return of 0.05, and the remaining probability of a -0.20 rate of return. What is the expected rate of return of Menger Corporation.

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