Question
You have $2,000 to invest. If you invest your $2,000 in micro-cap stocks, the total value of your investment after one year will become $4,500
You have $2,000 to invest. If you invest your $2,000 in micro-cap stocks, the total value of your investment after one year will become $4,500 with probability of 50%, $2,500 with probability of 25%, and $1,000 with probability of 25%. Find the expected return of your investment for the year. SHOW WORK WITH EXCEL
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Personal Finance
Authors: E. Thomas Garman, Raymond Forgue
8th Edition
0618471421, 9780618471423
