Question
GAMA Inc.'s stock has a 40% chance of producing a 25% return, a 35% chance of producing a 10% return, and a 25% chance of
GAMA Inc.'s stock has a 40% chance of producing a 25% return, a 35% chance of producing a 10% return, and a 25% chance of producing a -20% return. What is the firm's expected rate of return?
| 10.15% | ||
| 8.50% | ||
| 9.90% | ||
| 9.65% | ||
| 10.40% |
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The Financialized Economy
Authors: Alexander Styhre
1st Edition
0367754568, 978-0367754563
