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our investment has a 20% chance of earning a return of 12%, a 20% chance of earning a 10% rate of return, and a 60%
our investment has a 20% chance of earning a return of 12%, a 20% chance of earning a 10% rate of return, and a 60% chance of losing 2%. What is your expected return on this investment?
| 6.5% | ||
| 7.3% | ||
| 3.2% | ||
| 5.7% |
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Investments An Introduction
Authors: Herbert B. Mayo
13th Edition
0357127951, 978-0357127957
