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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 5%. What is your expected return on this investment? Enter answer in percents, accurate to two decimal places
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American Public School Finance
Authors: William A. Owings, Leslie S. Kaplan
3rd Edition
113849996X, 978-1138499966
