Fiverr stock has a 25% chance of producing a 16% return, a 50% chance of producing a 12% return, and a 25% chance of producing a -18% return. Do not round your intermediate calculations.

1. What is the firm's expected rate of return?
2. What is the variance on the firms return?
3. What is the standard deviation on the firms return?

Posted by Jeffrey Norton

Answer all parts for 5 star review!!!