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QUESTION 9 Your investment has a 20% chance of earning a 28% rate of return, a 50% chance of earning a 7% rate of return

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QUESTION 9 Your investment has a 20% chance of earning a 28% rate of return, a 50% chance of earning a 7% rate of return and a 30% chance of losing 8%. What is your expected return on this investment? Enter answer in percents, accurate to two decimal places

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