Answered step by step
Verified Expert Solution
Question
1 Approved Answer
State of Economy Probability Rate of return Strong 0.25 19% Normal 0.5 8% Weak 0.25 -4% What is the stock's expected return? Round your answer
State of Economy | Probability | Rate of return |
Strong | 0.25 | 19% |
Normal | 0.5 | 8% |
Weak | 0.25 | -4% |
What is the stock's expected return? Round your answer to 2 decimal places. Do not round intermediate calculations. %
What is the stock's standard deviation? Round your answer to two decimal places. Do not round intermediate calculations. %
What is the stock's coefficient of variation? Round your answer to two decimal places. Do not round intermediate calculations.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started