Abc incs stock has a 50 chance of producing a 21 return a


ABC Inc.'s stock has a 50% chance of producing a 21% return, a 30% chance of producing a 10% return, and a 20% chance of producing a -30% return. What is the firm's expected rate of return? 1. 9.72% 2. 9.88% 3. 7.82% 4. 7.50% 5. 8.37%

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Financial Management: Abc incs stock has a 50 chance of producing a 21 return a
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