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3. Your investment has a 60% chance of earning a 20% rate of return, a 30% chance of earning a 10% rate of return and

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3. Your investment has a 60% chance of earning a 20% rate of return, a 30% chance of earning a 10% rate of return and a 10% chance of losing 5%. What is the standard deviation of this investment? A. 15.14% B. 12.14% C. 9.29% D. 15.31% E. none of the above

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