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Question
Given the following probability distribution, calculate the expected return of security XYZ.Security XYZ's
Potential return Probability
20% 0.3
30% 0.2
-40% 0.1
50% 0.1
10% 0.3
a. 16 percent
b. 22 percent
c. 25 percent
d. 18 percent
Answer
This answer is hidden. It contains 71 characters.
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