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A project has a 0.6 chance of doubling your investment in a year and a 0.4 chance of halving your investment in a year. Required:

A project has a 0.6 chance of doubling your investment in a year and a 0.4 chance of halving your investment in a year.

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What is the standard deviation of the rate of return on this investment? (Round your answer to 2 decimal places. Omit the "%" sign in your response.)

Standard deviation

%

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