You can purchase a professional sports team. The probability distribution of expected returns for the franchise...

 

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You can purchase a professional sports team. The probability distribution of expected returns for the franchise is as follows: Probability Rate of Return 0.1 -12% 0.3 -1% 0.4 6% 0.1 12% 0.1 25% What is the expected rate of return for your investment in this team? You can purchase a professional sports team. The probability distribution of expected returns for the franchise is as follows: Probability Rate of Return 0.1 -12% 0.3 -1% 0.4 6% 0.1 12% 0.1 25% What is the expected rate of return for your investment in this team?

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