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show work Question 9 (1 point) Your company's analyst estimated 2 possible outcomes next year. There is a 35%! chance that outcome one will occur
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Question 9 (1 point) Your company's analyst estimated 2 possible outcomes next year. There is a 35%! chance that outcome one will occur and the rate of return of the company's share will be 21%. There is a 65% chance that outcome two will occur and the rate of return of the company's share will be 15%. Given these 2 possible outcomes, what is the expected rate of return of the company's share next year? 17.1% 16.5% 20.2% 18.3% 25% Step by Step Solution
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