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Consider a portfolio with $4,626 invested in Asset A and $6,490 invested in Asset B with the following returns and probabilities. What is the rate
Consider a portfolio with $4,626 invested in Asset A and $6,490 invested in Asset B with the following returns and probabilities. What is the rate of return on the portfolio when a WIN occurs? (round the the nearest whole percentage ##%)
State | Probability | Asset A | Asset B |
WIN | 0.7 | 15% | 39% |
TIE | 0.2 | 3% | 6% |
LOSS | 0.1 | -9% | -6% |
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