Question: Required: A project has a 0 . 9 0 chance of doubling your investment in a year and a 0 . 1 0 chance of
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?
Note: Do not round intermediate calculations. Round your answer to decimal places.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
