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.

	a.	18.16%
	b.	22.24%
	c.	20.60%
	d.	20.40%
	e.	21.83%

QUESTION 3 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. a. 18.16% b. 22.24% c. 20.60% d. 20.40% e. 21.83%