Ask Question
21 July, 13:19

Bloome Co.'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%e. 9.50%

+2
Answers (1)
  1. 21 July, 13:22
    0
    the correct answer is

    d. 9.00%

    good luck
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Bloome Co.'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 - ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers