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Menger Corporation has a 19% probability of a return of 5.89%, a 13% probability of a rate of return of 5.70%, and the remaining probability

Menger Corporation has a 19% probability of a return of 5.89%, a 13% probability of a rate of return of 5.70%, and the remaining probability of a -2.50% rate of return. What is the expected rate of return of Menger Corporation?

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