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

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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