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a. The investment's expected return is (Round to two decimal places.) (Related to Checkpoint 7.1) (Expected rate of return and risk) B. J. Gautney Enterprises

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a. The investment's expected return is (Round to two decimal places.)

(Related to Checkpoint 7.1) (Expected rate of return and risk) B. J. Gautney Enterprises is evaluating a security. One-year Treasury bills are currently paying 3.6 percent. Calculate the investment's expected return and its standard deviation. Should Gautney invest in this security? Probability 0.10 0.50 0.30 0.10 Return -6% 10/0 70/0 80/0 (Click on the icon in order to copy its contents into a spreadsheet.) a. The investment's expected return is DO/O. (Round to two decimal places.)

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