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Dothan Inc. 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. Wha is the firm s expected rate of return?

Dothan Inc. 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. Wha is the firm s expected rate of return?

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