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Consider the following information: State i Probability of State i Actual Return of Google Boom 83 % 12 % Bust 17 % 5 % What
Consider the following information:
State i | Probability of State i | Actual Return of Google |
---|---|---|
Boom | 83 % | 12 % |
Bust | 17 % | 5 % |
What is the expected Return on Google Stock? (Answer as a percentage and Round to 2 decimals)
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