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:

Verified
Correct Answer:
Verified
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