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)9.50%

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The Answer of 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)9.50%