Question: Calculate the expected return on a stock that has a 25-percent probability of a 33-percent return, a 45-percent probability of a 43-percent return, and a
Calculate the expected return on a stock that has a 25-percent probability of a 33-percent return, a 45-percent probability of a 43-percent return, and a 30-percent probability of a 18-percent return.
33.00 percent
37.75 percent
34.75 percent
28.25 percent
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