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You are considering buying a share of Facebook stock. The stock is selling for $32.00 today. You estimate a 30% chance that the stock will
You are considering buying a share of Facebook stock. The stock is selling for $32.00 today. You estimate a 30% chance that the stock will sell for $51.00 in one year, and a 70% chance that the stock will sell for $29.00 in one year. What is the expected return if you purchased one stock share today and sell it in one year?
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