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You are given the following probability distribution for ABC common stocks returns as follows: Probability Return (%) 20% 2% 50% 10% 30% 15% Calculate the

You are given the following probability distribution for ABC common stocks returns as follows:

Probability

Return (%)

20%

2%

50%

10%

30%

15%

Calculate the expected rate of return for ABC.

A. 8.5%

B. 9.9%

C. 9.0%

D. 7.8%

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