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A mutual fund's annual return spreads equally likely from -15% to 25%. If the fund manager starts the trading position at $200,000, (1) Compute the

A mutual fund's annual return spreads equally likely from -15% to 25%. If the fund manager starts the trading position at $200,000, 


(1) Compute the expected fund value ($).


(2) Compute the variance of the fund values. 


(3) What is the probability that the fund value is above than $200,000 after one year.

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