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Hi. Please I am struggling with this question on calculating Expected return: An investment portfolio has a 20% chance of earning $125,000 in a year,
Hi. Please I am struggling with this question on calculating Expected return:
An investment portfolio has a 20% chance of earning $125,000 in a year, a 50% chance of earning $50,000, a 15% chance of earning nothing and 15% chance of losing $20,000. What is its expected return?
Can you please help. thanks
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