Firm expected rate of return
Taggart Inc.'s stock has a 50% chance of producing a 25% return, a 30% chance of producing a 10% return, and a 20% chance of producing a -28% return. What is the firm's expected rate of return?
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On March 20,Terrell's petty cash fund of $114.87 is replenished when the fund contains $10.92 in cash and receipts for postage $54.84, freight-out $30.40, and travel expense $14.77.
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