Instruction 17-5
a Stock Portfolio Has the Following Returns Under

question 73

Multiple Choice

Instruction 17-5
A stock portfolio has the following returns under the market conditions listed below.
$$\begin{array} { l l l } \text { Market Condition } & \text { Probability } & \text { Return } \\\text { Bull } & 0.4 & \$ 200 \\\text { Stable } & 0.3 & \$ 100 \\\text { Bear } & 0.3 & \$ 100\end{array}$$
-Referring to Instruction 17-5,what is the expected monetary value (EMV) ?

• A) $90
• B) $80
• C) $180
• D) $130

---

Definitions:

Ghost

The supposed spirit or soul of a dead person believed by some to appear to the living as a shadowy or indistinct image.

Joining Ancestors

A phrase often used to describe the death of an individual, suggesting they have reunited with deceased family members in the afterlife.

Ulithi

An atoll in the Caroline Islands of the western Pacific Ocean, known for its strategic location and cultural significance.

Temporal Interpretations

Approaches to understanding concepts, events, or phenomena in relation to time, including historical context and changes over periods.