Question: Question 3.......... ....(10 marks) A. Nancy would like to accumulate $10,000 by the end of 3 years from now to buy a sports car from
Question 3.......... ....(10 marks) A. Nancy would like to accumulate $10,000 by the end of 3 years from now to buy a sports car from her friend, Jim. She has $2,500 now and would like to save equal annual end-of-year deposits to pay for the car. How much should she deposit at the end of each year in an account paying 8 percent interest to buy the car? B. The expected value and the standard deviation of returns for asset A is Possible Outcomes Probability Pessimistic Most likely 045 Optimistic 0,30 Returns 10 12 16 1)Calculate the Expected return for Asset A? 2)Calculate the standard deviation for Asset A
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