Question: Use the following information for the next two problems: John Jones wants to invest in rental property. He has decided to invest in Portland. He

Use the following information for the next two problems: John Jones wants to invest in rental property. He has decided to invest in Portland. He has developed the following estimates of the cash flows for these properties:

Yearly After-Tax

Cash Flows

Probability

$10,000

.10

15,000

.20

30,000

.40

45,000

.20

50,000

.10

1. Find the expected value

2. Find the standard deviation

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