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Suppose That Fly-By-Night Airlines, Inc

Question 13

Multiple Choice

Suppose that Fly-By-Night Airlines, Inc. has a return of 5% twenty percent of the time and 0% the rest of the time. The expected return from Fly-By-Night is:


A) 10%.
B) 0.1%.
C) 0.2%.
D) 1.0%.

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