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vr 1 Complete) is Test: 100 pts poss... Four analysts cover the stock of Fluorine Chemical. One forecasts a 4% return for the coming year.
vr 1 Complete) is Test: 100 pts poss... Four analysts cover the stock of Fluorine Chemical. One forecasts a 4% return for the coming year. The second expects the return to be - 5%. The third predicts a return of 8% The fourth expects a 2% return in the coming year. You are relatively confident that the return will be positive but not large, so you arbitrarily assign probabilities of being correct of 34%, 6%, 19%, and 41%, respectively, to the analysts' forecasts Given these probabilities, what is Fluorine Chemical's expected return for the coming year? Fluorine Chemical's expected return for the coming year is % (Round to two decimal places)
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