Mathematics, 07.12.2020 03:30 817527
An investor owns a bond. Suppose there is a 20% probability the investor will lose $100 on the bond and an 80% probability the investor will gain $30 on the bond. Find the expected value (expected return) of the bond. Enter the number only. Do not include the $ sign.
Answers: 2
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An investor owns a bond. Suppose there is a 20% probability the investor will lose $100 on the bond...
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