Question: The expected return on Stock X is 3.9% per period. Each period lasts 5 months. What is the expected return on Stock X over 4

The expected return on Stock X is 3.9% per period. Each period lasts 5 months. What is the expected return on Stock X over 4 periods? Note that the expected returns here are not annualized. Write your number out to three decimal places - for example, write 13.9% and .139
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