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Consider the following information: State i Probability of State i Actual Return of Ford Inc Boom 61 % 20 % Bust 39 % 2 %
Consider the following information:
| State i | Probability of State i | Actual Return of Ford Inc |
|---|---|---|
| Boom | 61 % | 20 % |
| Bust | 39 % | 2 % |
What is the expected Return of Ford Inc? (Answer as a percentage, and round to 2 decimal places.)
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Options Futures And Other Derivatives
Authors: John Hull
11th Global Edition
1292410655, 9781292410654
