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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Fundamentals Of Corporate Finance
Authors: Stephen A Ross, Randolph W Westerfield
5th Edition
9780072313000
