Question
Calculate a stock return's expected rate if there is a 30% chance of a 30% return, a 30% chance of a 12% return and a
Calculate a stock return's expected rate if there is a 30% chance of a 30% return, a 30% chance of a 12% return and a 40% chance of a 10% rate of return?
| 14.25% | ||
| 14.40% | ||
| 16.60% | ||
| 15.00% | ||
| 15.75% |
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Intermediate Financial Management
Authors: Brigham, Daves
10th Edition
978-1439051764, 1111783659, 9780324594690, 1439051763, 9781111783655, 324594690, 978-1111021573
