1. A stock that went from $45 per share at the beginning of the year to $38 at the end of the year and paid a $1.40 dividend provided an investor with a return. 2 A fruit company has 45% returns in periods of normal rainfall, 35% returns in periods of excessive rainfall, and -5% return in periods of drought. The probability of normal rainfall is 50%, the probability for excessive rainfall is 40%, and the probability of drought is 10%. What would the fruit company???????s expected returns be? &nbs p; 3 If an investor purchases a stock for $38 per share and later sells it for $45 per share, the capital gain is:
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