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An investment will cost $1000 today. You have estimated the following probability distribution for the value of the investment one year from now: Probability Value
An investment will cost $1000 today. You have estimated the following probability distribution for the value of the investment one year from now: Probability Value at end of the year 25% $1,650 35% $1,900 40% $2,100 Calculate the expected rate of return and the standard deviation of the returns for the 1-year holding period.
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