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Question 7 (4 points) 4 5 6 7 8 9 What is the expected return for the following stock? State your answer in percent with

Question 7 (4 points) 4 5 6 7 8 9 What is the expected return for the following stock? State your answer in percent with one decimal place.) Outcomes possible returns Probability better 40: 130 same 231 366 10 11 12 worse 151 51 13 14 15 21.13% 18.66% 16 17 18 22.88% 24.19% 19 20 21 26.01%

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Fundamentals of Financial Management

Authors: Eugene F. Brigham

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