If an investment is 70 percent likely to return 10 percent per year and 30 percent likely to return 15 percent a year, then its

Question

Illusion [34]

3 years ago

9

If an investment is 70 percent likely to return 10 percent per year and 30 percent likely to return 15 percent a year, then its

average expected rate of return is

Business

1 answer:

Bogdan [553] · Answer 1 · 2022-07-28T19:15:52+03:00

Bogdan [553]3 years ago

3 0

If an investment is 70 percent likely to return 10 percent per year an 30 percent likely to return -15percent a year, then its average expected rate of return is 11.5%.