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What is the expected rate of return of Rand Corporation

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Reference no: EM132853484

Question - Rand Corporation has a 0.1 probability of a return of 0.1, a 0.4 probability of a rate of return of 0.07, and the remaining probability of a 0.61 rate of return. What is the expected rate of return of Rand Corporation?

Reference no: EM132853484

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