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An investment project has a 25% chance of generating a return of 20%, a 50% chance of generating a return of 10%, and a 25%
An investment project has a 25% chance of generating a return of 20%, a 50% chance of generating a return of 10%, and a 25% chance of generating a return of -5%. Calculate the expected return and the standard deviation of the project. Discuss how the standard deviation affects the risk perception of the project.
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