Question: Given the following probability distribution (P), what is the expected return for security J? Given the following probability distribution (P), what is the expected return

 Given the following probability distribution (P), what is the expected return
Given the following probability distribution (P), what is the expected return for security J?

Given the following probability distribution (P), what is the expected return for Security J? (Hint: Use the long hand / manual approach to solve this, no need to calculate variance, refer formula sheet). State 1 P; 0.2 0.6 0.2 kj 108 12 20% 2 3 13.2% O 11.3% % 14.1% O 15.6% 10.9%

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