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Given the following information for Sunshine Ltd, the expected return is 7.80%. Calculate the variance and standard deviation. State of the economy Probability Percentage Return
- Given the following information for Sunshine Ltd, the expected return is 7.80%. Calculate the variance and standard deviation.
| State of the economy | Probability | Percentage Return |
| State 1 | 0.30 | 13% |
| State 2 | 0.35 | 8% |
| State 3 | 0.15 | 2% |
| State 4 | 0.20 | 4% |
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Corporate Financial Management
Authors: Glen Arnold
5th edition
978-1292178066, 129217806X, 273758837, 978-0273758839
