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A mutual fund has five equally likely outcomes: 13%, -23%, 5%, 7%, and 4%. Calculate the expected return. Group of answer choices 1.2% 4.0% 3.9%
A mutual fund has five equally likely outcomes: 13%, -23%, 5%, 7%, and 4%. Calculate the expected return.
Group of answer choices
1.2%
4.0%
3.9%
6.6%
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