Question: Problem 11-14 Risk and Expected Return (LO2) A stock will provide a rate of return of either 32% or 34%. If both possibilities are equally

Problem 11-14 Risk and Expected Return (LO2)

A stock will provide a rate of return of either 32% or 34%.

If both possibilities are equally likely, calculate the stock's expected return and standard deviation.

Note: Do not round intermediate calculations. Enter your answers as a whole percent.

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