The probability distribution of a less risky return is more peaked than that of a riskier return.
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The probability distribution of a less risky return is more peaked than that of a riskier return. What shape would the probability distribution have for (a) completelycertain returns and (b) completely uncertain returns?
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The shape of a probability distribution depends on the variability and certainty of returns Heres ho...View the full answer
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Related Book For
Financial management theory and practice
ISBN: 978-1439078099
13th edition
Authors: Eugene F. Brigham and Michael C. Ehrhardt
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