A project has a probability of 0.54 of doubling its investment in one year and a probability
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Question:
A project has a probability of 0.54 of doubling its investment in one year and a probability of 0.46 of halving its investment in one 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 | % |
Expert Answer:
To calculate the standard deviation of the rate of return on the investment we need to consider the ... View the full answer
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