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. What is the firm's expected rate of return?;a. 7.72%;b. 8.12%;c. 8.55%;d. 9.00%;e. 9.42%
Compute Dothan- Inc. expected rate of return on stock
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