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You recently purchased a share of Patriots Inc, the stock's returns have the following distribution in the future: What is your expected rate of return
You recently purchased a share of Patriots Inc, the stock's returns have the following distribution in the future: What is your expected rate of return on this stock? and What is the Standard Deviation?
Probability | Return | |
Weak | 10% | -13% |
Below average | 20% | -3% |
Average | 30% | 12% |
Above average | 30% | 17% |
Strong | 10% | 32% |
Show work and formulas pls
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