Question: Given the following information for Sunshine Ltd, the expected return is 7.80%. Calculate the variance and standard deviation. State of the economy Probability Percentage Return

  1. Given the following information for Sunshine Ltd, the expected return is 7.80%. Calculate the variance and standard deviation.
State of the economy Probability Percentage Return
State 1 0.30 13%
State 2 0.35 8%
State 3 0.15 2%
State 4 0.20 4%

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