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14. MIRAJ's stock has 30% chance of producing a 15% return, a 40% chance of producing a 10% return, and a 30% chance of producing
14. MIRAJ's stock has 30% chance of producing a 15% return, a 40\% chance of producing a 10% return, and a 30% chance of producing a 2% return. What is the firm's expected rate of return?
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Project Finance In Theory And Practice
Authors: Stefano Gatti
3rd Edition
0128114010, 978-0128114018
