Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A stock has a 40-percent probability of a 48-percent return, a 45-percent probability of a 58-percent return, and a 15-percent probability of a 33-percent return.
A stock has a 40-percent probability of a 48-percent return, a 45-percent probability of a 58-percent return, and a 15-percent probability of a 33-percent return. What is the standard deviation? 11.42 percent 9.08 percent O 8.58 percent O 7.62 percent
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started