Question
13) Consider the following returns and states of the economy for Lexington Corporation: Economy Probability Return Weak 40% 1% Normal 50% 10% Strong 10% 20%
13) Consider the following returns and states of the economy for Lexington Corporation:
| Economy | Probability | Return |
| Weak | 40% | 1% |
| Normal | 50% | 10% |
| Strong | 10% | 20% |
What is the standard deviation of the firm's returns? SET YOUR CALCULATOR TO FOUR DECIMAL PLACES AND ROUND TO 2 DECIMAL PLACES AT THE END. DO NOT ENTER THE %. FOR EXAMPLE, IF YOUR ANSWER IS 7.7011% ENTER IT AS 7.70.
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The Emotion Behind Money Building Wealth From The Inside Out
Authors: Julie M. Murphy
1st Edition
979-8598954188
