Rand corporation has a 00 probability of a return of 06 a
Rand Corporation has a 0.0 probability of a return of 0.6, a 0.3 probability of a rate of return of 0.05, and the remaining probability of a 0.92 rate of return. What is the expected rate of return of Rand Corporation?
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thanks for starting our discussion on cash management if you think about it this comes down to speeding up collections
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