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What is the firms expected rate of return

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Acme Inc.'s stock has a 30% chance of producing a 30% return, a 40% chance of producing a 12% return, and a 30% chance of producing a -10% return. What is the firm's expected rate of return? 10.25% 12.50% 10.80% 11.20% 11.00%

Reference no: EM131706845

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