As the manager of High Speed Records, you have signed a new artist to the label. There are three different outcomes for investing in the artist. What is the expected return on investment using the information below? Outcome Probability Return 1 ...35.20 2 ...25.36 3 ...40.10 * Make sure your answer is in a decimal format (.25,.90, etc.) and not a percentage (25%). Round to the nearest hundredth. (0.089 - > 0.09)
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