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Given the following information about the possible returns from an investment. Return ( % ) Probabilities 1 2 % 0 . 1 5 9 %

Given the following information about the possible returns from an investment.
Return (%) Probabilities
12%0.15
9%0.60
6%0.25
Calculate the:
expected return,
variance of the return,
standard deviation of the return, and
probability that the return is less than or equal to 8%.

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