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T Inc.'s stock has a 30% chance of producing a 10% return, a 50%chance of producing a 12% return, and a 20% chance of producing

T Inc.'s stock has a 30% chance of producing a 10% return, a 50%chance of producing a 12% return, and a 20% chance of producing a-20% return. What is the firm's expected rate of return? 2 answers

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