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Taggart Inc.'s stock has a 50% chance of producing a 46% return, a 30% chance of producing a 10% return, and a 20% chance of
Taggart Inc.'s stock has a 50% chance of producing a 46% return, a 30% chance of producing a 10% return, and a 20% chance of producing a -28% return What is the firm's expected rate of return? Do not round your intermediate calculations 20.60% 20.40% 21.83% 18.16% Janice has $5,000 invested in a bank that pays 11.0% annually. How long will it take for her funds to triple? 10.11 years 10.53 years 9.68 years 10.32 years
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