buy a share for $100 and expect that the price next year will be: $115 with a
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Question:
buy a share for $100 and expect that the price next year will be:
$115 with a probability of 30%
$105 with a probability of 30%
$95 with a probability of 40%.
Assuming that the stock pays no dividend for the next year, then the expected return on your investment expressed as a percentage to 2 decimal place is:
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