Question: Calculate the expected return on a stock that has a 30-percent probability of a 21 -percent return, a 40 -percent probability of a 26 percent

Calculate the expected return on a stock that has a 30-percent probability of a 21 -percent return, a 40 -percent probability of a 26 percent return, and a 30-percent probability of a 11-percent return. 21.75percent24.75percent15.25percent20.00percent
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