What is the expected return for the following stock? (State your answer in percent with one decimal place.) Outcomes Possible returns Probability better 404 134 same 264 224 worse 194 654 O 25.20% 20.55% 23.27% 26.64% 28.65%

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter8: Basic Stock Valuation
Section: Chapter Questions
Problem 10P
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What is the expected return for the following stock? (State your answer in percent with
one decimal place.)
Outcomes Possible returns Probability
better 40% 134
same 26% 224
worse 19 654
25.20%
20.55%
O 23.27%
O 26.64%
28.65%
Transcribed Image Text:What is the expected return for the following stock? (State your answer in percent with one decimal place.) Outcomes Possible returns Probability better 40% 134 same 26% 224 worse 19 654 25.20% 20.55% O 23.27% O 26.64% 28.65%
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