ttempts

$$

Keep the Highest $\frac{0}{1}$

Problem $1-06$

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Problem $1-06$

You are considering acquiring shares of common stock in the Madison Beer Corporation. Your rate of return expectations are as follows:

$\backslash$table$[[$Madison Beer Corp.,$],[$Possible Rate of Return,Probability$],[-0\mathrm{.}30,0\mathrm{.}40],[-0\mathrm{.}05,0\mathrm{.}20],[0\mathrm{.}25,0\mathrm{.}20],[0\mathrm{.}55,0\mathrm{.}20]]$

Compute the expected return $E(R_i)$ on your investment in Madison Beer. Round your answer to one decimal place. $$

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