due to the volatile market conditions, and investment has a 40% chance of achieving a $100 return, a 40% chance of achie
Posted: Fri Jul 01, 2022 7:41 am
due to the volatile market conditions, and investment has a 40% chance of achieving a $100 return, a 40% chance of achieving the $105 return, and a 20% chance of losing $75. What is the expected return?