Question: Calculate the expected return on a stock that has a 35-percent probability of a 31-percent return, a 35-percent probability of a 41-percent return, and a
Calculate the expected return on a stock that has a 35-percent probability of a 31-percent return, a 35-percent probability of a 41-percent return, and a 30-percent probability of a 16-percent return.
| 25.25 percent |
| 30.00 percent |
| 34.75 percent |
| 31.75 percent |
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