Question: Problem 6 - 1 9 ( Algo ) Required: A project has a 0 . 9 0 chance of doubling your investment in a year
Problem Algo
Required:
A project has a chance of doubling your investment in a year and a chance of halving your investment in a year. What is the standard deviation of the rate of return on this investment? Do not round intermediate calculations. Round your answer to decimal places.
Standard deviation
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