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zhenek [66]
2 years ago
5

Louis has invested $1,000 in the stock market. At the end of one year, there is a 30% chance that his stock will be worth only $

800, and a 70% chance that it will be worth $1,200. The expected value of his stock at the end of one year is:A) $1,000.B) $1,080.C) $1,200.D) $1,160.
Business
1 answer:
Sphinxa [80]2 years ago
5 0
The answer is C 1,080
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Answer:

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The after-tax yield of any financial instrument such as a bond or even stock dividends is the effective yield after the applicable taxes have been paid. Higher the tax rate, lesser is the after-tax yield for the investor.

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