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The manager of XY Company estimates the following probability and return. Probability Rate of Return 30% 25% 40% 10% 30% -15% The expected rate of
The manager of XY Company estimates the following probability and return. | ||
Probability | Rate of Return | |
30% | 25% | |
40% | 10% | |
30% | -15% | |
The expected rate of return is between |
1. | 0 and 6.5% | 2. | 6.5% and 7.5% | 3. | 14% and 16% | 4. | 9% and 10% |
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