Question
Assume that an investment is forecast to produce the following returns: a 20% probability of a 12% return; a 50% probability of a 16% return;
Assume that an investment is forecast to produce the following returns:
a 20% probability of a 12% return;
a 50% probability of a 16% return;
a 30.000% probability of a 22% return.
What is the standard deviation of returns for this investment, to the nearest 0.01%? Drop the % symbol. E.g., if your answer is 3.105%, record it as 3.11.
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International Trade Finance
Authors: Tarsem Bhogal, Arun Trivedi
2nd Edition
303024542X, 9783030245429
