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Can you plz tell me how to get the answer of this question? (Plz provide the steps if applicable) Question 13 072 pts Toyota stock
Can you plz tell me how to get the answer of this question? (Plz provide the steps if applicable)
Question 13 072 pts Toyota stock has the following probability distribution of expected prices one year from now: State Probability Price 1 25% $50 2 40% $60 3 35% $70 If you buy Toyota today for $55 and it will pay a dividend during the year of $4 per share, what is your expected return on Toyota by holding the stock for one year (use the expected price)? 16.21% 17.72% Answered 18.89% 17.91% rect Answer 18.18% BullGua ! Vuln Windo ViewStep by Step Solution
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