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QUESTION 22 An investment has the following returns and probabilities. Determine the expected return. r% 2 .2 5 .3 .2 11 .2 14 1 8.4%

QUESTION 22 An investment has the following returns and probabilities. Determine the expected return. r% 2 .2 5 .3 .2 11 .2 14 1 8.4% 7.9% 8.7% 7.7% none of these

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