Question
State of Economy Probability ABC Company Expected Return XYZ Company Expected Return Very Poor 0.3 -25% -19% Poor 0.3 -15% -7% Good 0.2 4% 22%
| State of Economy | Probability | ABC Company Expected Return | XYZ Company Expected Return |
| Very Poor | 0.3 | -25% | -19% |
| Poor | 0.3 | -15% | -7% |
| Good | 0.2 | 4% | 22% |
| Very Good | 0.2 | 24% | 42% |
A) Calculate the expected return of XYZ Company. (1 Mark) Please answer as a decimal to 2 decimal places.
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Trading Systems Theory And Immediate Practice
Authors: Renato Di Lorenzo
1st Edition
8847027055,8847027063
