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Taggart Inc.'s stock has a 50% probability of producing a 25% return, a 30% probability of producing a 10% return, and a 20% probability of
- Taggart Inc.'s stock has a 50% probability of producing a 25% return, a 30% probability of producing a 10% return, and a 20% probability of producing a -28% return. What is the firm's expected rate of return?
a. 9.41%
b. 9.65%
c. 9.90%
d. 10.15%
e. 10.40%
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