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You are given the following probability distribution for ABC common stocks returns as follows: Probability Return (%) 20% 2% 50% 10% 30% 15% Calculate the
You are given the following probability distribution for ABC common stocks returns as follows:
Probability | Return (%) |
20% | 2% |
50% | 10% |
30% | 15% |
Calculate the expected rate of return for ABC.
A. 8.5%
B. 9.9%
C. 9.0%
D. 7.8%
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