Thank you for your support What is the expected return on a stock that has a 27% probability of a 35% return, a 15% probability

Question

76 users unlocked this solution today!

Thank you for your support

What is the expected return on a stock that has a 27% probability of a 35% return, a 15% probability of a 15% return, a 32 % probability of a -2%, and a probability of 26 of -20%? The expected return on this stock is %. Note: Please retain at least 4 decimal places in your calculations and at least 2 decimal places in your final answer. 1 Ma