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Assume that the expected return from an investment is 12%. Further, assume that the variance of expected returns is 4.5. The range of expected returns

Assume that the expected return from an investment is 12%. Further, assume that the variance of expected returns is 4.5. The range of expected returns is _____.

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9.88%, 12.00%, 14.12%

7.50%, 12.00%, 14.12%

7.50%, 12.00%, 16.50%

It cannot be determined with this information

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