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Menger Corporation has a 0.2 probability of a return of -0.02, a 0.2 probability of a rate of return of 0.07,

Menger Corporation has a 0.2 probability of a return of -0.02, a 0.2 probability of a rate of return of 0.07, and

the remaining probability of a 0.80 rate of return. What is the expected rate of return of Menger Corporation?

 
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