Everrest incs stock has a 36 chance of producing a 1525, Finance Basics

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Everrest incs stock has a 36 chance of producing a 1525

Question: Everrest Inc.'s stock has a 36% chance of producing a 15.25% return, a 28% chance of producing a 23.50% return, and a 36% chance of producing a -4.25% return. What is the firm's expected rate of return? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Finance Basics: Everrest incs stock has a 36 chance of producing a 1525

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