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T. Martell Inc.'s stock has a 50% chance of producing a 30% return, a 25%...

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Question

Finance

T. Martell Inc.'s stock has a 50% chance of producing a 30% return, a 25% chance of producing a 9% return, and a 25% chance of producing a -25% return. What is Martell's expected return?

A.

11.0%
B.

15.2%
C.

16.8%
D.

16.0%

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