Consider the following returns and states of the economy for TZ.Com. Economy Probability Return Weak 40% 3%
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Question:
Consider the following returns and states of the economy for TZ.Com.
Economy | Probability | Return |
Weak | 40% | 3% |
Normal | 50% | 11% |
Strong | 10% | 39% |
What is the standard deviation of TZ's returns?
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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