Question: The following is the daily return schedule for operating various businesses under bad, normal, and good weather. Return on Investment Type of Business Good Weather
The following is the daily return schedule for operating various businesses under bad, normal, and good weather.
Return on Investment
Type of Business
Good Weather
Probability
Normal Weather
Probability
Bad Weather
Probability
Ice Cream Shop
Coffee Shop
Bikini Shop
Cold Drinks Shop
Akaldeep has a portfolio consisting of in an Ice Cream Shop, in a Coffee Shop, in a Bikini Shop, and the rest in a Cold Drinks Shop. Determine the overall expected return rate on his investments.
a
b
c
d
e
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