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Business, 21.12.2020 21:20 JellalFernandes

Stock has a 50% chance of producing a 46% return, a 30% chance of producing a 10% return, and a 20% chance of producing a -28% return. What is the firm's expected rate of return?

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Stock has a 50% chance of producing a 46% return, a 30% chance of producing a 10% return, and a 20%...
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