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Consider the following information: State i Probability of State i Actual Return of Ford Inc Boom 29 % 17 % Bust 71 % 3 %
Consider the following information:
| State i | Probability of State i | Actual Return of Ford Inc |
|---|---|---|
| Boom | 29 % | 17 % |
| Bust | 71 % | 3 % |
What is the expected Return of Ford Inc? (Answer as a percentage, and round to 2 decimal places.)
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Financial Modeling Using Excel And VBA
Authors: Chandan Sengupta
1st Edition
0471267686, 978-0471267683
