Question: PLEASE ANSWER ALL QUESTION Tonsidering the world economic outlook for the coming year and estimates of sales and earning for the pharmaceutical industry, you expect

PLEASE ANSWER ALL QUESTION
PLEASE ANSWER ALL QUESTION Tonsidering the world economic outlook for the coming

Tonsidering the world economic outlook for the coming year and estimates of sales and earning for the pharmaceutical industry, you expect the rate of retum for Lauren Labs common stock to range between 30 percent and +55 percent with the following probabilities. Compute the expected rate of return E(R) for Lauren Labs. Round your answer to four decimal places

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