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What are the odds of earning a return

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Reference no: EM132381330

The probabilities of earning a specified return from a certain portfolio are shown below:

Return Probability

10% 0.30

20% 0.15

22% 0.15

15% 0.35

25% 0.05

What are the odds of earning a return of at least 20%? 

This is what I did.... P= 0.15+0.15+0.05 = 0.35

Is that correct?

Reference no: EM132381330

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