You are considering acquiring shares of common stock in the Madison Beer Corporation. Your rate of return expectations are as follows:
|
MADISON BEER CORP.
|
|
Possible Rate of Return
|
Probability
|
|
-0.10
|
0.3
|
|
0
|
0.1
|
|
0.1
|
0.3
|
|
0.25
|
0.3
|
Compute the expected return [E(Ri)] on your investment in Madison Beer.