Scho Co.'s stock has a 30% chance of producing a 20% return, a 30% chance of producing a 10% return, and a 40% chance of

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answerhappygod
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Scho Co.'s stock has a 30% chance of producing a 20% return, a 30% chance of producing a 10% return, and a 40% chance of

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Scho Co.'s stock has a 30% chance of producing a 20% return, a30% chance of producing a 10% return, and a 40% chance of producinga -11% return. What is the firm's expected rate ofreturn?
4.60%
5.00%
5.20%
5.40%
5.60%
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