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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 return to be
Four analysts cover the stock of Fluorine Chemical. One forecasts a return for the coming year. The second expects the return to be The third predicts a return of The fourth expects a return in the coming year. You are relatively confident that the return will be positive but not large, so you arbitrarily assign probabilities of being correct of and respectively, to the analysts' 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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