Question: You are given the following probability distribution for possible returns of a stock. Calculate the expected rate of return. Market Probability Rate of Return Poor
You are given the following probability distribution for possible returns of a stock. Calculate the expected rate of return. Market Probability Rate of Return Poor 0.2 5% Average 0.1 18% Good 0.3 25% Excellent 0.4 32% 14.5% 50.6% 23.1% 20.2%
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