Probability distribution-less risky return
Question: The probability distribution of a less risky return is more peaked than that on a riskier return. What shape would the probability distribution have for (a) completely certain returns and (b) completely uncertain returns?
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The probability distribution of a less risky return is more peaked than that on a riskier return
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If the required return is 13 percent, what is the price of the stock today?
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