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stockbroker calls you and suggests that you invest in the Lauren Computer Company. After analyzing the firms annual report and other material, you believe that
stockbroker calls you and suggests that you invest in the Lauren Computer Company. After analyzing the firms annual report and other material, you believe that the distribution of expected rates of return is as follows:
LAUREN COMPUTER CO.Possible Rate of ReturnProbability-0.250.20-0.100.150.000.100.100.100.250.100.350.35 Compute the expected return [E(Ri)] on Lauren Computer stock. Use a minus sign to enter a negative value, if any. Round your answer to one decimal place. %
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