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Taggart Inc.s stock has a 50% chance of producing a 25% 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 25% return, a 30% chance of producing a 10% return, and a 20% chance of producing a 28% return. The stocks expected rate of return is closest to ________ .

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10.15%

9.48%

9.90%

9.12%

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