20) In the next year, you expect Westpac shares have a 20% chance of earning 10 percent return, a 50% chance of earning

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answerhappygod
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20) In the next year, you expect Westpac shares have a 20% chance of earning 10 percent return, a 50% chance of earning

Post by answerhappygod »

20)
In the next year, you expect Westpac shares have a 20% chance of
earning 10 percent return, a 50% chance of earning only 2 percent
and a 30% chance of earning -10 percent. Based on this, what is
Westpac's expected return?
Select one or more:
A.
2.00%
B.
0.67%
C.
0.00%
D.
5.00%
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