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Taggart Inc.'s stock has a 50% chance of producing a 39% 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 39% 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? 16.90% 15.55% 16.22% 16.06% 18.42%
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