Question: Stock Z: State Good Bad Probability 20% 50 Return 2% 10 30 15 115 550 Ugly What is the expected return? 5 percent 9.9 percent
Stock Z: State Good Bad Probability 20% 50 Return 2% 10 30 15 115 550 Ugly What is the expected return? 5 percent 9.9 percent 6 percent 4.5 percent
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