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6. Problem 7-15 Suppose you have a project that has a 0.9 chance of tripling your investment in a year and a 0.1 chance of

6.

Problem 7-15

Suppose you have a project that has a 0.9 chance of tripling your investment in a year and a 0.1 chance of halving your investment in a year. What is the standard deviation of the rate of return on this investment? (Do not round intermediate calculations. Enter your answers as decimals rounded to 4 places.)

Standard deviation I got 0.7500

is this correct

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