Question
Corporation has a 0.4 probability of a return of -0.2, a 0.2probability of a rate of return of 0.05, and the remaining probability of a
Corporation has a 0.4 probability of a return of -0.2, a 0.2probability of a rate of return of 0.05, and the remaining probability of a -0.07 rate of return.What is the expected rate of return?
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Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, Ali R. Hassanlou, K. Suzanne Coombs
11th edition
134141083, 978-0134141084
