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Question 16 (1 point) The following probability distribution of returns are given for Stock X: Economy Returns Probability Very Good 20% 0.2 Good 40% 0.4

Question 16 (1 point) The following probability distribution of returns are given for Stock X: Economy Returns Probability Very Good 20% 0.2 Good 40% 0.4 Average 10% 0.3 Poor -10% 0.1 Calculate the expected returns for the Stock. 19% 22% 16% 6%

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