Calculating the firm expected rate of return

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Question: Everrest Inc.'s stock has a 36% chance of producing a 15.25% return, a 28% chance of producing a 23.50% return, and a 36% chance of producing a -4.25% return. What is the firm's expected rate of return? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131971832

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