Instruction 17-5
A stock portfolio has the following returns under the market conditions listed below.
$$\begin{array} { l l l }
\text { Market Condition } & \text { Probability } & \text { Return } \
\text { Bull } & 0.4 & \$ 200 \
\text { Stable } & 0.3 & \$ 100 \
\text { Bear } & 0.3 & \$ 100
\end{array}$$
-Referring to Instruction 17-5,what is the expected monetary value (EMV)?
A) $90
B) $80
C) $180
D) $130

Question

Instruction 17-5
A stock portfolio has the following returns under the market conditions listed below.
 $$\begin{array} { l l l } 
\text { Market Condition } & \text { Probability } & \text { Return } \
\text { Bull } & 0.4 & \$ 200 \
\text { Stable } & 0.3 & \$ 100 \
\text { Bear } & 0.3 & \$ 100
\end{array}$$
-Referring to Instruction 17-5,what is the expected monetary value (EMV)?
A) $90
B) $80
C) $180
D) $130

Quizplus · Accepted Answer

The Answer of Instruction 17-5
A stock portfolio has the following returns under the market conditions listed below.
 $$\begin{array} { l l l } 
\text { Market Condition } & \text { Probability } & \text { Return } \
\text { Bull } & 0.4 & \$ 200 \
\text { Stable } & 0.3 & \$ 100 \
\text { Bear } & 0.3 & \$ 100
\end{array}$$
-Referring to Instruction 17-5,what is the expected monetary value (EMV)?
A) $90
B) $80
C) $180
D) $130

Instruction 17-5 a Stock Portfolio Has the Following Returns Under

Instruction 17-5
a Stock Portfolio Has the Following Returns Under