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The return of an asset has a 0.60 chance of being 4% and 0.1 of being 9%. What is the expected return of the asset?
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The return of an asset has a 0.60 chance of being 4% and 0.1 of being 9%. What is the expected return of the asset?
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International Finance
Authors: Maurice D Levi
5th Edition
0415774594, 9780415774598
