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What is the expected return on a stock that has a 15.0% probability of a 35.0% return, a 20.0% probability of a 25.0% return, a

What is the expected return on a stock that has a 15.0% probability of a 35.0% return, a 20.0% probability of a 25.0% return, a 50.0% probability of a 15.0% return, and a 15.0% probability of a 20.0% return?

a) 18.75% b) 14.75% c) 13.75% d) 20.75%

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