A project has a 0.40 chance of doubling your investment in a year and a 0.60 chance
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Question:
A project has a 0.40 chance of doubling your investment in a year and a 0.60 chance of halving your investment in a year. What is the standard deviation of the rate of return on this investment?(Do not round intermediate calculations. Round your answer to 2 decimal places.)
Standard deviation? %
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