Question: Calculate the expected return on a stock that has a 35-percent probability of a 31-percent return, a 35-percent probability of a 41-percent return, and a

Calculate the expected return on a stock that has a 35-percent probability of a 31-percent return, a 35-percent probability of a 41-percent return, and a 30-percent probability of a 16-percent return.

25.25 percent
30.00 percent
34.75 percent
31.75 percent

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