30

ii Question 30 Calculate the Expected Rate of Return, E(R)? (Submit a decimal answer, rounded to the nearest 1000th. For example, 0.1235 -> 0.124) *This question has a weight of two correctness points. Prob of End-of-Year Beginning Cash Return Percentage State of the Economy Selling Price Price of the of the Stock Stock from your investment Rate of Return Weighted average of rate of return A B C D E=C-D F = E/D G=BxF Recession 0.35 7000 10000 Moderate Growth 0.5 12000 10000 Strong Growth 0.15 16000 10000 Typed numeric answer will be automatically saved. E(R) = ?