Multiple Choice
You have the opportunity of making a $5,000 investment. The outcomes one year from now will be either $5,000 or $6,000 with an equal chance of either outcome occurring. What is the expected rate of return?
A) 10%
B) 15%
C) 20%
D) 25%
E) 30%
Correct Answer:
Verified
Correct Answer:
Verified
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