Answered>Order 9189
EXPECTED RETURN A stock’s returns have the following distribution: Demand for the Company’s Products Probability of This Demand Occurring Rate of Return If This Demand Occurs Weak 0.2 (30%) Below average 0.1 (13) Average 0.3 16 Above average 0.1 33 Strong 0.3 75 1.0 Calculate the stock’s expected return. Round your answer to two […]