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Suppose a company has the probability distribution for annual returns described as a 10% chance of a return of -0.142 , a 50% chance of
Suppose a company has the probability distribution for annual returns described as a 10% chance of a return of -0.142 , a 50% chance of a return of 0.023 , a 30% chance of a return of 0.109 , and a 10% chance of a return of 0.196 . What would the expected annual return be for this company? Instruction: Type your answer in decimals, and round to three decimal places. E.g., if your answer is 0.0106465 or 1.06465%, should type ONLY the number .011 , neither 0.0106465,0.0106, nor 1.065%. Otherwise, Blackboard will treat it as a wrong
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