Determining the stock expected return
A stock has a 50% chance of producing a 20% return, a 25% chance of producing a 10% return, and a 25% chance of producing a -10% return. What is the stock's expected return?
-10.0%
5.0%
10.0%
20.0%
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American Trust has a $1000 par value bond with a conversion price of $40 has a conversion ratio of?
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