Problem $1-06$

Question $6$ of $7$

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Problem $1-06$

You are considering acquiring shares of common stock in the Madison Beer Corporation. Your rate of return expectations are as follows:

MADISON BEER CORP.

$\backslash$table$[[$Possible Rate of Return,Probability$],[-0\mathrm{.}10,0\mathrm{.}20],[0\mathrm{.}00,0\mathrm{.}10],[0\mathrm{.}25,0\mathrm{.}10],[0\mathrm{.}50,0\mathrm{.}60]]$

Compute the expected return $E(R_i)$ on your investment in Madison Beer. Round your answer to one decimal place. $\%$