An investment has a 30% chance of producing a 15% return, a 40% chance of producing a
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Question:
An investment has a 30% chance of producing a 15% return, a 40% chance of producing a 20% return, and a 30% chance of producing a -10% return.
Part (A): What is its expected return?
Part (B): What is its standard deviation?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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