Question
Canadian Standard Corp. (CS) offers the following returns next year. What is the expected rate of return? (round to two decimals. Your answer should be
Canadian Standard Corp. (CS) offers the following returns next year. What is the expected rate of return? (round to two decimals. Your answer should be in the form (##.## %) and should include a negative if appropriate)
| Scenario | Probability | CS returns |
| Boom | 25% | 14% |
| Normal economy | 50% | 13% |
| Recession | 25% | 1% |
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Personal Finance
Authors: Jack R. Kapoor, Les R. Dlabay, Robert J. Hughes, Melissa Hart
12th edition
1259720683, 978-1259720680
