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Calculate the (a) expected return, (b) standard deviation, and (c) coefficient of variation for an investment with the following probability distribution: Probability Payoff 0.1 -10.0%
Calculate the (a) expected return, (b) standard deviation, and (c) coefficient of variation for an investment with the following probability distribution:
Probability | Payoff |
0.1 | -10.0% |
0.4 | 20.0 |
0.5 | 8.0 |
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