Chrome File Edit View History Bookmarks People Window Hel 0 / Q Fichas de aprend

Question

Chrome File Edit View History Bookmarks People Window Hel 0 / Q Fichas de aprendizaje Chapt x( e Home l Chegg.com ezto.mheducation.com/hm.tpx 31% Tue 6:54 PM a x- | Facebook 4ux y D Chapter 13-Homework 8 ×G Consider the following infor. NO Apps CengageNowv2 I Chapter 13-Homework 8 instructions I help Question 4 (of 101 save & Exit | | Submit 10.00 points Consider the following information: Probability of State of EconomyState of EconomyIf State Occurs Portfolio Return 16 .52 32 12 Normal Boom 21 Calculate the expected retum. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Expected retum References eBook & Resources Learning Objective: 13-01 How to calculate expected returns, variance, and standard deviation. Difficulty: Basic Section: 13.1 Expected Returns and

Explanation / Answer

Expected return=Respective returns*Respective probabilities

=(0.16*-0.12)+(0.52*0.13)+(0.32*0.21)

which is equal to

=11.56%

Related Questions

Navigate

• Browse (All)
• Browse C
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.