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Swan's Sportswear is thinking about bringing out a line of designer jeans. Currently, it is negotiating with two well-known designers. Because of the highly competitive

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Swan's Sportswear is thinking about bringing out a line of designer jeans. Currently, it is negotiating with two well-known designers. Because of the highly competitive nature of the industry, the two lines of jeans have been given code names. After market research, the firm has established the expectations shown in the following table about the annual rates of return Market Probability Annual rate of return Acceptance Line) Line K 1 0.05 Very poor 7.5% 1% Poor 0.15 12.5% 2.596 Average 0.60 8.5% 8% Good 0.15 14.75% 13.5% Excellent 0.05 16.25% 15% Use the table to: a Construct a bar chart for each line's annual rate of return b. Calculate the expected return for each line

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