Assume that an investment is forecasted to produce the, Finance Basics

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Assume that an investment is forecasted to produce the

Question: Assume that an investment is forecasted to produce the following returns: a 30% probability of a 12% return; a 50% probability of a 16% return; and a 20% probability of a 19% return. What is the expected percentage return this investment will produce?

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Finance Basics: Assume that an investment is forecasted to produce the

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