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Toyota stock has the following probability distribution of expected prices one year from now: State 1 2. 3 Probability 25% 40% 35% Price 50 60
Toyota stock has the following probability distribution of expected prices one year from now: State 1 2. 3 Probability 25% 40% 35% Price 50 60 70 Currently, each share is priced at 55. Toyota will pay a dividend of 4 per share at the end of the year. What is your expected holding-period return on Toyota
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