A financial analyst considers three funds.The funds' estimated returns depend on future economic conditions - summarized by outcomes A,B,C,or D.The table lists the probabilities of these outcomes and each fund's expected return for each outcome.
(a)Which fund has the greatest expected monetary return?

Question

A financial analyst considers three funds.The funds' estimated returns depend on future economic conditions - summarized by outcomes A,B,C,or D.The table lists the probabilities of these outcomes and each fund's expected return for each outcome.
  (a)Which fund has the greatest expected monetary return?

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The Answer of A financial analyst considers three funds.The funds' estimated returns depend on future economic conditions - summarized by outcomes A,B,C,or D.The table lists the probabilities of these outcomes and each fund's expected return for each outcome.
  (a)Which fund has the greatest expected monetary return?

A Financial Analyst Considers Three Funds