Multiple Choice
Taggart Inc.'s stock has a 50% chance of producing a 36% 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? Do not round your intermediate calculations.
A) 15.86%
B) 15.71%
C) 15.40%
D) 12.01%
E) 14.01%
Correct Answer:

Verified
Correct Answer:
Verified
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