Multiple Choice
What is the expected return on a stock that has a 15 percent probability of a 35 percent return,a 20 percent probability of a 25 percent return,a 50 percent probability of a 15 percent,and a probability of 15 percent of -20 percent?
A) 18.75%
B) 14.75%
C) 13.75%
D) 20.75%
Correct Answer:
Verified
Correct Answer:
Verified
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