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 chance of producing a return, a chance of producing a return, and a chance of producing a 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.
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