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Suppose the return on a Facebook stock is 20% half the time and 5% the other half. The return on a Google stock is 18%
Suppose the return on a Facebook stock is 20% half the time and 5% the other half. The return on a Google stock is 18% quarter the time and 10% the other three quarters.
Which stock gives a higher expected return?
Which stock is more desirable?
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