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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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