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Joe co's financial analysis department has estimated a proposed investment with the following rate of return distributions RATE OF RETURN PROBABILITY (5%) 30% 10% 50%
Joe co's financial analysis department has estimated a proposed investment with the following rate of return distributions
RATE OF RETURN PROBABILITY (5%) 30% 10% 50% 20% 20%
Calculate the expected rate of return.
a) 11.7% b) 10.5% c) 7.5% d) 5.5%
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