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What is donric expected value of return

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Problem 1: Lovely Inc.'s stock has a 50% chance of producing a 20% return, a 25% chance of producing a 8% return, and a 25% chance of producing a 16% return. What is DONRIC's expected value of return?

A. 16%
B. 34%
C. 0%
D. NONE OF THE CHOICES

Reference no: EM132785115

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