Question
State of the economy next period Bad Average Good Probability of that state 0.2 0.5 0.3 Go Forward Corp'spredicted return in that state -14.2% 11.1%
State of the economy next period Bad Average Good
Probability of that state 0.2 0.5 0.3
Go Forward Corp'spredicted return in that state -14.2% 11.1% 17.7%
What is the overall expected return for Go Forward Corp next period?Answer to 1 decimal point in units of percent (thusfor13.48% enter 13.5)
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Fundamentals Of Investing
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
13th Edition
978-0134083308, 013408330X
