Sell Inc.'s stock has 25% chance of producing 30% return, 50% chance of producing 12%...
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Sell Inc.'s stock has 25% chance of producing 30% return, 50% chance of producing 12% return, and 25% chance of producing -18% return. What is the firm's expected rate of return?
Group of answer choices
8.22%
9.00%
9.50%
7.72%
8.50%
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