Question: 2. Analysts predict that over the next year, Thete, Inc.'s common stock has a 20% chance of returning 6%, a 50% chance of returning 15%,

 2. Analysts predict that over the next year, Thete, Inc.'s common

2. Analysts predict that over the next year, Thete, Inc.'s common stock has a 20% chance of returning 6%, a 50% chance of returning 15%, and a 30% chance of returning 24%. What is the expected rate of return on Thete, Inc.'s common stock? Submit your answer as a percentage and round to two decimal places. Expected return = (0.20*0.06) +(0.50*0.15) +0.30*0.24) = 15.9% 3. Analysts predict that over the next year, Thete, Inc.'s common stock has a 20% chance of returning 6%, a 50% chance of returning 15%, and a 30% chance of returning 24%. What is the standard deviation of returns on Thete, Inc.'s common stock? Submit your answer as a percentage and round to two decimal places

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