Question
An investment has probabilities 0.3, 0.4, and 0.3 of giving returns equal to 40%,15%, and 5%. What are the expected returns and the standard deviations
An investment has probabilities 0.3, 0.4, and 0.3 of giving returns equal to 40%,15%, and 5%. What are the expected returns and the standard deviations of returns? Please explain and show the process of getting these calculations.
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Financial Markets And Institutions
Authors: Jeff Madura
13th Edition
0357130790, 978-0357130797
