Question: Please answer step by step T. Martell Inc.'s stock has a 26% chance of producing a 14% return, a 34% chance of producing a 11%

Please answer step by step T. Martell Inc.'s stock has a

Please answer step by step

T. Martell Inc.'s stock has a 26% chance of producing a 14% return, a 34% chance of producing a 11% return, and a 40% chance of producing a 1% return. What is Martell's expected return? O 7.58% 7.68% O 7.88% o 7.98% 7.78%

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