Multiple Choice
Use the following information,which describes the possible outcomes from investing in a particular asset,to answer the following question(s) .
State of the Economy Probability of the States Percentage Returns
Economic recession 25% 5%
Moderate economic growth 55% 10%
Strong economic growth 20% 13%
-The expected return from investing in the asset is
A) 9.00%.
B) 9.35%.
C) 10.00%.
D) 10.55%.
Correct Answer:

Verified
Correct Answer:
Verified
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