A share has the following possible returns for the next year. Each of these returns is equally likely. What is the expected return from the share? Return -6% 2% 4% 8% 11% 12% 1% O a. 6.4000% O b. 5.3333% O c. 4.5714% O d. 4.0000%

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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A share has the following possible returns for the next year. Each of these returns is equally likely. What is the expected return from the share?
Return
-6%
2%
4%
8%
11%
12%
1%
a. 6.4000%
O b. 5.3333%
C. 4.5714%
O d. 4.0000%
Transcribed Image Text:A share has the following possible returns for the next year. Each of these returns is equally likely. What is the expected return from the share? Return -6% 2% 4% 8% 11% 12% 1% a. 6.4000% O b. 5.3333% C. 4.5714% O d. 4.0000%
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