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Four analysts cover the stock of Fluorine Chemical. One forecasts a 4% return for the coming year. The second expects the retum to be -
Four analysts cover the stock of Fluorine Chemical. One forecasts a 4% return for the coming year. The second expects the retum to be - 5%. The third predicts a retum of 10%. The fourth expects a 1% return in the coming year. You are relatively confident that the retum will be positive but not large, so you arbitrarily assign probabilities of being correct of 26%, 6%, 17%, and 51%, respectively, to the analysis forecasts. Given these probabilities, what is Fluorine Chemical's expected return for the coming year? Fluorine Chemical's expected return for the coming year is %. (Round to two decimal places.)
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