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Forcefully Delicious cookies is expanding into 3 new businesses- 1. A Hot Chocolate company, 2. a Candy Company, and, 3. An Ice Cream stand. Based
Forcefully Delicious cookies is expanding into 3 new businesses- 1. A Hot Chocolate company, 2. a Candy Company, and, 3. An Ice Cream stand. Based on the following information, calculate the expected return and standard deviation for a $100,000 total investment, where $30,000 is invested in the hot chocolate store; $20,000 is invested in the Candy company; and $50,000 is invested in the Ice Cream stand- on excel please
Weather condition | Probability of Weather | Hot Chocolate Possible Rates of Return | Candy Possible Rates of Return | Ice Cream Possible Rates of Return |
Hot Weather | 0.4 | -20% | 10% | 22% |
Cold Weather | 0.6 | 22% | 8% | -15% |
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