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  • 21-11-2019
  • Business
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Taggart Inc.'s stock has a 50% chance of producing a 25% return, a 30% chance of producing a 10% return, and a 20% chance of producing a −28% return. What is the firm's expected rate of return?

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sakhilemdletshesm
sakhilemdletshesm sakhilemdletshesm
  • 25-11-2019

Answer:

The firm's expected rate of return is 9.9%

Explanation:

Please see attachment .

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