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Assuming that phoenix is not expected to pay any dividends

Phoenix Company common stock is currently selling for $20 per share. Security analysts at Smith Blarney have assigned the following probability distribution to the price of (and rate of return on) Phoenix stock one year from now:

Assuming that Phoenix is not expected to pay any dividends during the coming year, determine the expected rate of return on Phoenix Stock.

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Finance Basics: Assuming that phoenix is not expected to pay any dividends

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Finance Basics: Assuming that phoenix is not expected to pay any dividends

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