Question: Jabil Inc. ' s stock has a 3 0 % chance of producing a 2 8 % return, a 5 5 % chance of producing

Jabil Inc.'s stock has a 30% chance of producing a 28% return, a 55% chance of producing a 15% return, and a 15% chance of producing a -46% return. What is the firm's expected rate of return? Round your intermediate calculations to at least 4 decimal places.
9.75%
3.25%
-3.00%
-1.00%
 Jabil Inc.'s stock has a 30% chance of producing a 28%

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