Scho Co.'s stock has a 30% chance of producing a 20% return, a 30% chance of producing a 10% return, and a 40% chance of
Posted: Sun Jul 03, 2022 12:56 pm
Scho Co.'s stock has a 30% chance of producing a 20% return, a30% chance of producing a 10% return, and a 40% chance of producinga -11% return. What is the firm's expected rate ofreturn?
4.60%
5.00%
5.20%
5.40%
5.60%
4.60%
5.00%
5.20%
5.40%
5.60%