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Consider an investment that pays off $300 or $1,100 per $1,000 invested with equal probability. Suppose you have $1,000 but are willing to borrow to

Consider an investment that pays off $300 or $1,100 per $1,000 invested with equal probability. Suppose you have $1,000 but are willing to borrow to increase your expected return. What would happen to the expected value and standard deviation of the investment if you borrowed an additional $1,000 and invested a total of $2,000? What if you borrowed $2,000 to invest a total of $3,000? Instructions: Complete the table below to answer the questions above. Enter your answers as whole numbers and enter percentages to the nearest decimal place. Enter a negative sign (-) to indicate a negative number if necessary.

Expected Value

Percentage

Standard Deviation

Expected Return

Invest $1,000

$

%

N/A

Invest $2,000

$

%

(Click to select)N/AQuadrupledDoubledRemained the same

Invest $3,000

$

%

(Click to select)N/ARemained the sameTripledDoubled

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