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3. MSG-Invest is considering investing in a security that has the following distribution of possible one- year retums: Probability of Occurrence Possible Return 0.1 -15%

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3. MSG-Invest is considering investing in a security that has the following distribution of possible one- year retums: Probability of Occurrence Possible Return 0.1 -15% 0.2 0.4 93 0.2 21 0.1 332 Determine the Expected Return and Risk (standard deviation) associated with the investment? (5+1015 marks)

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