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57. Maxwell Inc.'s stock has a 50% chance of producing a 25% return, a 30% chance of producing a 10% return, and a 20% chance of producing a -28%
57. Maxwell Inc.'s stock has a 50% chance of producing a 25% return, a 30% chance of producing a 10% return, and a 20% chance of producing a -28% return. What is the firm's expected rate of return? a.9.41% b.9.65% c.9.90% d.10.15% e.10.40%64. Choudhary Corp believes the following probability distribution exists for its stock. What is the coefficient of variation on the company's stock?ProbabilityStock's State ofof StateExpected the EconomyOccurringReturn Boom0.4525% Normal0.5015% Recession0.055%a.0.2839 b.0.3069 c.0.3299 d.0.3547 e.0.3813