J harper incs stock has a 50 chance of producing a 35
J. Harper Inc.'s stock has a 50% chance of producing a 35% return, a 30% chance of producing a 10% return, and a 20% chance of producing a -28% return. What is Harper's expected return?
a. 14.16%b. 14.53%c. 14.90%d. 15.27%e. 15.65%
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