Over the next year, Rush Valley Corp. stock has a 20% chance of returning -1%, a 50%
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Question:
Over the next year, Rush Valley Corp. stock has a 20% chance of returning -1%, a 50% chance of returning 12%, and a 30% chance of returning 38%.
What is Rush Valley Corp.’s expected return?
Submit your answer as a percentage and round to two decimal places (Ex. 0.00%)
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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