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a) A share of stock of Silent Drill Ltd. is currently trading at $41. Based on return projections for the next year, the following estimates
a) A share of stock of Silent Drill Ltd. is currently trading at $41. Based on return projections for the next year, the following estimates are available: Probability Return 0.20 5% 0.30 10% 0.40 12% ??? 15% Based on this information; i) Compute the expected return for Silent Drill stock ii) Compute the expected price for next year for Silent Drill Stock
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