1. Target Inc.'s stock has a 50% chance of producing a 25% return, a 30% chance of producing a 10% return, and a 20% chance of producing a -28% return. What is Target's expected rate of return?
a. 9.41% b. 9.65% c. 9.90% d. 10.15% e. 10.40%
2. Define healthcare finance and provide an example of how it affects managers at all levels within the organization. Also, explain why budgets are important to all organizations and illustrate how different types of budgets are used.