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Question 1(1 point) Rand Corporation has a 0.4 probability of a return of 0.7, a 0.3probability of a rate of return of 0.06, and the

Question 1(1 point)

Rand Corporation has a 0.4 probability of a return of 0.7, a 0.3probability of a rate of return of 0.06, and the remaining probability of a 0.24 rate of return.What is the expected rate of return of Rand Corporation?

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