Bloome cos stock has a 25 chance of producing a 32 return a


Bloome Co.'s stock has a 25% chance of producing a 32% return, a 50% chance of producing a 17% return, and a 25% chance of producing a -16% return. What is the firm's expected rate of return (in percent)?

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Financial Accounting: Bloome cos stock has a 25 chance of producing a 32 return a
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