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Builtrite is considering the following investment as an alternative to a oneyear Treasury Bill which is currently paying 2.85%. Calculate the expectedvalue and standard deviation

Builtrite is considering the following investment as an alternative to a oneyear Treasury Bill which is currently paying 2.85%. Calculate the expectedvalue and standard deviation of the investment and comment on what youthink Builtrite should do.

Prob. Return

.15 -1%

.30 2%

.40 3%

.15 8%

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