Question: Calculate a stock return's expected rate if there is a 30% chance of a 30% return, a 30% chance of a 12% return and a

Calculate a stock return's expected rate if there is a 30% chance of a 30% return, a 30% chance of a 12% return and a 40% chance of a 10% rate of return?

14.25%

14.40%

16.60%

15.00%

15.75%

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