Question
Hayek Corporation has a 0.1 probability of return of 0.42, a 0.4 probability of a rate of return of 0.08, and the remaining probability of
Hayek Corporation has a 0.1 probability of return of 0.42, a 0.4 probability of a rate of return of 0.08, and the remaining probability of a 0.10 rate of return. What is the variance in the expected rate of return of Hayek corporation?
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Public Finance and Public Policy
Authors: Jonathan Gruber
5th edition
1464143331, 978-1464143335
