Question: ABC Inc. ' s stock has a 5 0 % chance of producing a 3 6 % return, a 3 0 % chance of producing

ABC Inc.'s stock has a 50% chance of producing a 36% return, a 30% chance of producing a 10% return, and a 20% chance of producing a -28% return. What is the firm's expected rate of return in percentage?
Do not round your intermediate calculations. Answer just the number without the % sign. Round to two decimal places.
 ABC Inc.'s stock has a 50% chance of producing a 36%

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