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You invest $500 in a stock that has a 30% chance of a 4% return, a 50% chance of a 6% return and a 20%

You invest $500 in a stock that has a 30% chance of a 4% return, a 50% chance of a 6% return and a 20% chance of a 12% return. What is your expected return after one year?

a.) 6.6%

b.) 8.0%

c.) 7.2%

d.) 5.8%

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