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Banker, Inc. has the following distribution of returns: State Return Probability Boom 0.3 0.25 Normal 0.4 0.15 Bust 0.3 0.30 Assuming that these returns are
- Banker, Inc. has the following distribution of returns:
| State | Return | Probability |
| Boom | 0.3 | 0.25 |
| Normal | 0.4 | 0.15 |
| Bust | 0.3 | 0.30 |
Assuming that these returns are normally distributed, what is the expected return and the stand deviation of returns?
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Entrepreneurship In Finance Successfully Launching And Managing A Hedge Fund In Asia
Authors: Henri Arslanian
1st Edition
331943912X,3319439138
