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expected return 2) A real estate investor estimates the following probabilities for returns on a major investment. Calculate the expected return the long run average)
expected return
2) A real estate investor estimates the following probabilities for returns on a major investment. Calculate the expected return the long run average) on the investment. Return Prob. -$500,000 0.2 SO 0.3 +$800,000 0.4 +$1,500,000 0.1Step by Step Solution
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