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elect the correct answer. a. 14.50% b. 14.55% c. 14.70% d. 14.60% e. 14.65% Freedman Flowers' stock has a 50% chance of producing a 25%

image text in transcribed elect the correct answer. a. 14.50% b. 14.55% c. 14.70% d. 14.60% e. 14.65%

Freedman Flowers' stock has a 50% chance of producing a 25% return, a 30% chance of producing a 34% return, and a 20% chance of producing a 40% return. What is the firm's expected rate of return? Select the correct answer. O O O a. 14.50% b. 14.55% c. 14.70% d. 14.60% e. 14.65%

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