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What is expected return after one year

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Reference no: EM132645100

You invest $3,000 in a stock that has a 10% chance of a 2% return, a 70% chance of a 6% return and a 20% chance of a 15% return.

What is your expected return after one year?

A) 6.0%

B) 8.8%

C) 5.6%

D) 7.4%

Reference no: EM132645100

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