Question: L Moving to another question will save this response. Question 8 of 25 >>> 1 points Save Answer Presley Inc.'s stock has a 25% chance

 L Moving to another question will save this response. Question 8

L Moving to another question will save this response. Question 8 of 25 >>> 1 points Save Answer Presley Inc.'s stock has a 25% chance of producing a 30% return, a 50% chance of producing a 12% return, and a 25% chance of producing a -18% return. Presley's expected rate of return is closest to: 8.12% a. 8.55% . 9.00%

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