Use the Following Information,which Describes the Possible Outcomes from Investing

question 60

Multiple Choice

Use the following information,which describes the possible outcomes from investing in a particular asset,to answer the following question(s) .
State of the Economy Probability of the States Percentage Returns
Economic recession 25% 5%
Moderate economic growth 55% 10%
Strong economic growth 20% 13%
-The expected return from investing in the asset is

• A)9.00%.
• B)9.35%.
• C)10.00%.
• D)10.55%.

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