Question
You have the following forecast for the GDL returns: Economy Return Probability Poor -2% 10% Average 4% 40% Good 15% 40% Great 25% 10% Find
You have the following forecast for the GDL returns:
| Economy | Return | Probability |
| Poor | -2% | 10% |
| Average | 4% | 40% |
| Good | 15% | 40% |
| Great | 25% | 10% |
Find the expected return of GDL.
Enter your answer in decimals, not percent, and round to 4 decimal places. For example, if the expected return is 10.12%, then enter your answer as 0.1012.
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Mergers Acquisitions And Other Restructuring Activities
Authors: Donald DePamphilis
9th Edition
0128016094, 978-0128016091
