Question
2. Your investment has a 20% chance of earning a 30% rate of return, a 50% chance of earning a 10% rate of return, and
2. Your investment has a 20% chance of earning a 30% rate of return, a 50% chance of earning a 10% rate of return, and a 30% chance of losing 6%. a. What is your expected return on this investment? b. What is the standard deviation on this investment?
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Local Public Finance
Authors: René Geissler, Gerhard Hammerschmid, Christian Raffer
1st Edition
3030674681, 978-3030674687
