Question $25(1$ point$)$

You bought a share of Gamestop $($Tick: GME$)$ today for $$100.$ You plan to sell it in

one year. You foresee two possible scenarios for the price in one year: $1)$ Rocket

Ship; or $2)$ GUH. If GME is a Rocket Ship you expect to sell for $$420.$ If GUH, then

you will sell for $$36.$ The two scenarios are equally likely. What is your expected

return?

Express your answer in percentage form rounded to one decimal place.

Your Answer:

Answer