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The probability of selecting a company that has a return onassets above 15 percent is 32 percent. The probability of selectinga company that has a dividend payout ratio at or above 40 percentis 39 percent. The probability of selecting a company with a returnon assets above 15 percent and a dividend payout at or above 40percent is 7 percent. What is the probability of selecting acompany that has a return on assets of 15 percent or a dividendpayout at or above 40 percent? _______ (
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