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please show work and use excel if needed BMI Inc.'s stock has a 50% chance of producing a 30% return, a 30% chance of producing

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BMI Inc.'s stock has a 50% chance of producing a 30% return, a 30% chance of producing a 6% return, and a 20% chance of producing a -21% return. What is the firm's expected rate of return? TT T Arial 3 (12pt) T... gi

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