Friday, 4 October 2019

Sell Inc.'s stock has a 25% chance of producing a 30% return, a 50% chance of producing a12%

Sell Inc.'s stock has a 25% chance of producing a 30% return, a 50% chance of producing a12% return, and a 25% chance of producing a -18% return.  What is the firm's expected rate of return?       

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