If There Is a 20% Chance We Will Get a 16

question 8

Multiple Choice

If there is a 20% chance we will get a 16% return, a 30% chance of getting a 14% return, a 40% chance of getting a 12% return, and a 10% chance of getting an 8% return, what is the expected rate of return?

• A) 12%
• B) 13%
• C) 14%
• D) 15%

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Definitions:

Hexagonal

Relating to a shape or object having six angles and sides, often used in reference to cross-sectional shapes of bolts or nuts.

Abbreviation

A shortened form of a word or phrase used for convenience.

M

Often used as an abbreviation for "meter" in metric measurements or as a designation for thousands in units of measure.

Internal Threads

The threads located within a hole or bore, allowing for the screwing in of a mating part with external threads.