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(Related to Checkpoint 7.1) (Expected rate of return and risk) B. J. Gautney Enterprises is evaluating a security. One-year Treasury bills are currently paying 4.1
(Related to Checkpoint 7.1) (Expected rate of return and risk) B. J. Gautney Enterprises is evaluating a security. One-year Treasury bills are currently paying 4.1 percent. Calculate the investment's expected return a deviation. Should Gautney invest in this security? Probability Return 0.20 -4% 0.50 3% 0.10 6% 0.20 10% (Click on the icon in order to copy its contents into a spreadsheet.) a. The investment's expected return is %. (Round to two decimal places.)
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