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A stocks returns have the following distribution: Probability Stock Return 0.15 11% 0.70 18% 0.15 51% Calculate the stocks expected return. a. 21.90% b. 18.00%

A stocks returns have the following distribution:

Probability

Stock Return

0.15

11%

0.70

18%

0.15

51%

Calculate the stocks expected return.

a.

21.90%

b.

18.00%

c.

20.00%

d.

18.60%

e.

19.33%

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