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An investment has a possible rate of return 10%, 15%, and 20% over five years. The probabilities of attaining these rates, estimated on the basis

An investment has a possible rate of return 10%, 15%, and 20% over five years. The probabilities of attaining these rates, estimated on the basis of the current economy, are 0.5, 0.3, and 0.2, respectively. If you have $1,000 to invest, what are the expected return and the standard deviation of the expected return on this investment?

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