Business

21 July, 13:19

Bloome Co.'s stock has a 25% chance of producing a 30% return, a 50% chance of producing a 12% return, and a 25% chance of producing a - 18% return. What is the firm's expected rate of return? a. 7.72%b. 8.12%c. 8.55%d. 9.00%e. 9.50%

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