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Taggart Inc's stock has a 50% chance of producing a 36% return, a 30% chance of producing a 12% return, and a 20% chance of

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Taggart Inc's stock has a 50% chance of producing a 36% return, a 30% chance of producing a 12% return, and a 20% chance of producing a -25\% retiarn. What is the firm's expected rate of return? Do not round your intermediate calculations. a. 19.40% b. 23.00% c. 21.60% 4. 16.60% e. 24.33%

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