Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A risky venture has the following probability distribution for its outcome 10% with probability 20%, 12% with probability 50%, 15% with probability 30% Thus its

A risky venture has the following probability distribution for its outcome 10% with probability 20%, 12% with probability 50%, 15% with probability 30% Thus its expected return is 12.5%. What is the standard deviation of the risky venture?

Select one: a. 1.251% b. 3.251% c. 1.803% d. 2.803%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Collectible Investments For The High Net Worth Investor

Authors: Stephen Satchell

1st Edition

0123745225,0080923054

More Books

Students also viewed these Finance questions

Question

An anonymous class does not have a class name. True or False?

Answered: 1 week ago