Taggart Inc.’s stock has a 50% chance of producing a 46% ret…

Taggart Inc.’s stock has a 50% chance of producing a 46% return, a 30% chance of producing a 10% return, and a 20% chance of producing a -28% return. What is the firm’s expected rate of return?  Do not round your intermediate calculations, but keep answers to two decimal places. [BLANK-1]

You want to quit your job and go back to school for a law de…

You want to quit your job and go back to school for a law degree 4 years from now, and you plan to save $2,100 per year, beginning immediately. You will make 4 deposits in an account that pays 5.7% interest. Under these assumptions, how much will you have 4 years from today?