Question
Question 1: You invest $500 in a stock that has a 30% chance of a 4% return, a 50% chance of a 6% return and
Question 1:
You invest $500 in a stock that has a 30% chance of a 4% return, a 50% chance of a 6% return and a 20% chance of a 12% return.
What is your expected return after one year?
- a.)6.6%
- b.)7.2%
- c.)5.8%
- d.)8.0%
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Financial Accounting
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel
8th edition
978-1118953907, 9781118953808, 1118953908, 1118953800, 978-1119491057
