Question
A project has a 0.44 chance of doubling your investment in a year and a 0.56 chance of halving your investment in a year. What
A project has a 0.44 chance of doubling your investment in a year and a 0.56 chance of halving your investment in a year. What is the standard deviation of the rate of return on this investment?
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Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
10th edition
133052311, 978-0133052312
