Multiple Choice
Assume that you expect to hold a $20,000 investment for one year.It is forecasted to have a yearend value of $21,000 with a 30% probability; a yearend value of $24,000 with a 45% probability; and a yearend value of $30,000 with a 25% probability.What is the expected holding period return for this investment?
A) 50%
B) 25%
C) 23%
D) 18%
Correct Answer:

Verified
Correct Answer:
Verified
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