Calculate the weighted average of the following investment: 15% of the time -5% is earned, 32% of the time 9% is earned, and the rest of the time 16% is earned. Your answer should be in percentage, example 5.44%
Rest of time=100-(15+32)=53%
Weighted average=Respective Return*Respective probability
=(0.15*-5)+(0.32*9)+(0.53*16)
=10.61%
Calculate the weighted average of the following investment: 15% of the time -5% is earned, 32%...
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