Use the following information to calculate Overland's expected return. $\begin{array}{lll}
\text { Economy } & \text { Probability } & \text { Return } \
\hline \text { Boom } & 30 \% & 30 \% \
\text { Normal } & 70 \% & 10 \%
\end{array}$
A) 16%
B) 14%
C) 12%
D) 10%

Question

Quizplus · Accepted Answer

Expected return = (0.30 * 0.30) + (0.70 * 0.10) = 0.16 or 16%

Use the Following Information to Calculate Overland's Expected Return A) 16% B) 14% C) 12% D) 10

Use the Following Information to Calculate Overland's Expected Return A) 16%
B) 14%
C) 12%
D) 10