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Your investment has a 40% chance of earning a 15% rate of return, a 50% chance of earning a 10% rate of return, and a

Your investment has a 40% chance of earning a 15% rate of return, a 50% chance of earning a 10% rate of return, and a 10% chance of losing 3%. What is the mean? 1. 8.7% 2. 10.7% 3. 12.7% 4. 14.7%

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