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1-4: A security yields a return of 5% with probability 1/4 and -1% with prob- ability 3/4. Calculate the expected return for the security. (a)

1-4: A security yields a return of 5% with probability 1/4 and -1% with prob- ability 3/4. Calculate the expected return for the security. (a) 0.5% (b) 1.5% (c) 3% (d) 4%

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