Question
Your investment has a 20% chance of earning a 23% rate of return, a 50% chance of earning a 8% rate of return and a
Your investment has a 20% chance of earning a 23% rate of return, a 50% chance of earning a 8% rate of return and a 30% chance of losing 8%. What is your expected return on this investment? Enter answer in percents, accurate to two decimal places.
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Essentials Of Real Estate Finance
Authors: Doris Barrell
15th Edition
1475462077, 978-1475462074
