Question
After 1 year, a risky portfolio would have a 40% chance of tripling your investment and a 60% chance of losing 75% of your money.
After 1 year, a risky portfolio would have a 40% chance of tripling your investment and a 60% chance of losing 75% of your money. What is your expected return on this investment? *
a. 165%
b. 35%
c. 65%
d. 16.5%
e. None of the above
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Personal Finance
Authors: Vickie L Bajtelsmit
2nd Edition
111959247X, 9781119592471
