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Chapter 3 of your textbook includes an extensive discussion of investment risk, as well as how to calculate various measures of risk and return on

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Chapter 3 of your textbook includes an extensive discussion of investment risk, as well as how to calculate various measures of risk and return on investment. In this exercise, you will use the information from your text and other resources to answer several questions related to investment risk. 1. You have an opportunity to purchase an ownership interest in the New Orleans Saints. The probability distribution of expected returns for the franchise is found below. 1. What is the expected rate of return for an investment in the Saints? Interpret the practical meaning of this statistic. 2. What is the standard deviation? Interpret the practical meaning of this statistic. 3. Would you consider this a sound investment? Why or why not? What other information might you need to make this decision

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