How does risk aversion affect rates of return? An investment has a 50% chance of producing a

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How does risk aversion affect rates of return?

An investment has a 50% chance of producing a 20% return, a 25% chance of producing an 8% return, and a 25% chance of producing a 212% return. What is its expected return?

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Fundamentals Of Financial Management

ISBN: 9780357517574

16th Edition

Authors: Eugene F. Brigham, Joel F. Houston

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