Question: Based on the following information, what is the standard deviation of returns? State of Economy Probability of State Rate of Return if of Economy State
Based on the following information, what is the standard deviation of returns? State of Economy Probability of State Rate of Return if of Economy State Occurs Recession 0.30 -0.104 Normal 0.33 0.119 Boom 0.37 0.229 Select one: a. 27.21% b. 24.95% C. 18.71% d. 13.68% e. 19.31%
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
