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Omaha Inc is expected to have the following rates of return next year: 35% with probability 0.20 , 17% with probability 0.30, and -7% with
Omaha Inc is expected to have the following rates of return next year: 35% with probability 0.20 , 17% with probability 0.30, and -7% with probability 0.50. Notice that the last return is negative!
Calculate the expected rate of return for Omaha stock for next year as a percent to two places.
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