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Drew Fields & 08/31/20 11:57 PM Homework: Homework Ch8 Score: 0 of 1 pt 2...

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Accounting

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Drew Fields & 08/31/20 11:57 PM Homework: Homework Ch8 Score: 0 of 1 pt 2 of 18 (0 complete) HW Score: 0%, 0 of 40 Narm-Up 8-2 (similar to) Question Help Four analysts cover the stock of Fluorine Chemical. One forecasts a 4% return for the coming year. The second expects the return to be - 4%. The third predicts a return of 8%. The fourth expects a 2% return in the coming year. You are relatively confident that the return will be positive but not large, so you arbitrarily assign probabilities of being correct of 32%, 8%, 18%, and 42%, respectively, to the analysts' forecasts. Given these probabilities, what is Fluorine Chemicals expected return for the coming year? Fluorine Chemical's expected return for the coming year is %. (Round to two decimal places.) Enter your answer in the answer box and then click Check Answer All parts showing Clear All Check Answer Tools >

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