Solved

Your Investment Has a 20% Chance of Earning a 30

Question 50

Multiple Choice

Your investment has a 20% chance of earning a 30% rate of return, a 50% chance of earning a 10% rate of return, and a 30% chance of losing 6%. What is your expected return on this investment?


A) 12.8%
B) 11%
C) 8.9%
D) 9.2%

Correct Answer:

verifed

Verified

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

Related Questions