Question
-A company's stock has a 50% chance of producing a 25% return, a 30% chance of producing a 10% return, and a 20% chance of
-A company's stock has a 50% chance of producing a 25% return, a 30% chance of producing a 10% return, and a 20% chance of producing a -28% return. What is the firm's expected rate of return? What is the standard deviation?
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Financial Economics
Authors: Zvi Bodie, Robert C Merton, David Cleeton
2nd Edition
0558785751, 9780558785758
