Question: Given the following probability distribution (P), what is the expected return for Security J? {Hint: Use the long hand / manual approach to solve this,

 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? {Hint: Use the long hand / manual approach to solve this, no need to calculate variance, refer formula sheet}. State 1 2 3 PA 0.2 0.6 0.2 kj 10% 12% 20% 13.2% 15.6% 14.1% 10.9% 11.3%

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