Solved

A Stock's Price Is $20 at the Beginning of a Year.There

Question 28

Multiple Choice

A stock's price is $20 at the beginning of a year.There is a 25 percent chance that the price will be $17 at the end of the year, and a 75 percent chance that the price will be $25 at the end of the year.The stock will pay a dividend of $3 during the year.The expected return on the stock is _____percent.


A) 10
B) 20
C) 30
D) 40

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions