Freedman Flowers' stock has a 50% chance of producing a 25% 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?

Name: Freedman Flowers' stock has a 50% chance of producing a 25% 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?
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Freedman Flowers' Stock Has a 50% Chance of Producing a 25