Question: You have been given this probability distribution for the forecast annualised return for KMP stock ered ed out of State of the Economy Boom Return
You have been given this probability distribution for the forecast annualised return for KMP stock ered ed out of State of the Economy Boom Return lon 2296 Normal growth Soft Landing (low growth) Hard Landing (deep recession) Probability 0.3 0 0.4 5 0.15 0.10 9% 3% -15% What is the expected return for KMP stock? Select one: A. 11.5% B 12.7% C 10.8% D 9.6% E. 9.0%
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