In: Finance
An investment opportunity has 4 possible outcomes. The possible returns in each of these outcomes are -23.2%, -5.9%, 9.3% and 33.5%. If each of these outcomes is equally likely, what is the Expected Return (as measured by the population mean) of this investment? Provide the answer as a % with 1 decimal rounded off. If your answer is 3.56%, just enter/type "3.6"