A stock will provide a rate of return of either 25% or 38%. If both possibilities
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Question:
A stock will provide a rate of return of either 25% or 38%.
If both possibilities are equally likely, calculate the stock's expected return and standard deviation. (Do not round intermediate calculations. Enter your answers as a whole percent.)
I know the answer for the stock's expected return which is 7% but I could not get the standard deviation
Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0077861629
8th edition
Authors: Richard Brealey, Stewart Myers, Alan Marcus
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