2. (Basic stock statistics) You invest $500 in a stock for which the return is determined by...

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2. (Basic stock statistics) You invest $500 in a stock for which the return is determined by a coin flip. If the coin comes up heads, the stock returns 10%, and if it comes up tails, the investment returns – 10%. What is the average return, the return variance, and the return standard deviation of this investment?

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Principles Of Finance With Excel

ISBN: 9780190296384

3rd Edition

Authors: Simon Benninga, Tal Mofkadi

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