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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