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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Intermediate Accounting
Authors: kieso, weygandt and warfield.
14th Edition
9780470587232, 470587288, 470587237, 978-0470587287
