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Warm-Up 8-2 (similar to) Question Help Four analysts cover the stock of Fluorine Chemical. One forecasts a 4% return for the coming year. The second
Warm-Up 8-2 (similar to) Question Help Four analysts cover the stock of Fluorine Chemical. One forecasts a 4% return for the coming year. The second expects the retum to b-4%The third predicts actum of 11%. The fourth expects a 1% 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 33%, 6%, 18%, and 45% respectively, to the analysts' forecasts. Given these probabilities, what is Fluorine Chemicals 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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