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Market acceptance Probability Very poor 0.05 Poor 0.18 Average 0.44 Good 0.24 Excellent 0.09 Annual rate of return -0.004 0.027 0.072 0.156 0.244 Risk Swan's
Market acceptance Probability Very poor 0.05 Poor 0.18 Average 0.44 Good 0.24 Excellent 0.09 Annual rate of return -0.004 0.027 0.072 0.156 0.244 Risk Swan's Sportswear plans to launch a line of designer jeans with the help of one welll-known designer. Because of the highly competitive nature of the industry, the line of jeans has been given a code name, Stretch. Swan's market research has established a forecast shown in the following table. Use the table to calculate the average return for the line. The average return for the line is %. (Enter as a percentage and round to two decimal places.)
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