Question: True or false: using the following information, the expected return on an asset is 5.0%. Under scenario 1, with probability 0.20, the assets return is

True or false: using the following information, the expected return on an asset is 5.0%. Under scenario 1, with probability 0.20, the assets return is negative 2%. Under scenario 2, with probability 0.40, the assets return is 5%. Under scenario 3, with probability 0.40, the assets return is 12%.

A. True B. False

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