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If there is a 20% chance we will get a 16% return, a 30% chance of getting a 17% return, a 40% chance of
If there is a 20% chance we will get a 16% return, a 30% chance of getting a 17% return, a 40% chance of getting a 12% return, and a 10% chance of getting an 8% return, what is the expected rate of return? A 12% B 13% 14% 15%
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Get StartedRecommended Textbook for
International Financial Management
Authors: Geert Bekaert, Robert J. Hodrick
2nd edition
013299755X, 132162768, 9780132997553, 978-0132162760
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