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Rand Corporation has a 0.4 probability of a return of -0.1, a 0.4probability of a rate of return of 0.07, and the remaining probability of

Rand Corporation has a 0.4 probability of a return of -0.1, a 0.4probability of a rate of return of 0.07, and the remaining probability of a -0.07 rate of return.What is the expected rate of return of Rand Corporation?

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