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Nautilus Clothing's stock has a 30% chance of producing a 15% return, a 20% chance of producing a 17% return, and a 50% chance of
Nautilus Clothing's stock has a 30% chance of producing a 15% return, a 20% chance of producing a 17% return, and a 50% chance of producing a -11% return.
What is the stock's expected return?
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