Question: If there is a 20% chance we will get a 16% return, a 30% chance of getting a 14% return, a 40% chance of getting

If there is a 20% chance we will get a 16% return, a 30% chance of getting a 14% return, a 40% chance of getting a 12% return, and a 10% chance of getting an 8% return.

Question 1: What is the expected rate of return for this investment? (Please round your answer to the fourth decimal. E.g. if your answer is 1.11%, you should input 0.0111.)

Question 2: What is the standard deviation for this investment? (Please round your answer to the fourth decimal. E.g. if your answer is 1.11%, you should input 0.0111.)

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