In: Finance
Consider a portfolio with $2,943 invested in Asset A and $3,390 invested in Asset B with the following returns and probabilities. What is the rate of return on the portfolio pay when a TIE occurs? (round the the nearest whole percentage ##%)
State | Probability | Asset A | Asset B |
WIN | 0.7 | 17% | 36% |
TIE | 0.2 | 3% | 7% |
LOSS | 0.1 | -1% | -8% |