Preston incs stock has a 25 chance of producing a 30 return
Preston Inc.'s stock has a 25% chance of producing a 30% return, a 50% chance of producing a 12% return, and a 25% chance of producing a -18% return. What is the firm's expected rate of return?
7.72%
8.12%
8.55%
9.00%
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preston incs stock has a 25 chance of producing a 30 return a 50 chance of producing a 12 return and a 25 chance of
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