Preston incs stock has a 25 chance of producing a 30 return


Preston Inc.'s stock has a 25% chance of producing a 30% return, a 50% chance of producing a 12% return, and a 25% chance of producing a -18% return. What is the firm's expected rate of return?

a . 7.72%

b . 8.12%

c . 8.55%

d. 9.00%

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Preston incs stock has a 25 chance of producing a 30 return
Reference No:- TGS01085864

Expected delivery within 24 Hours