Question
If you deposit $10,000 in a bank account that pays 12% interest annually, how much will be in your account after 5 years? Do not
If you deposit $10,000 in a bank account that pays 12% interest annually, how much will be in your account after 5 years? Do not round intermediate calculations. Round your answer to the nearest cent.
$
Quantitative Problem: You are given the following probability distribution for CHC Enterprises:
State of Economy | Probability | Rate of return | |
Strong | 0.25 | 19 | % |
Normal | 0.50 | 8 | % |
Weak | 0.25 | -4 | % |
What is the stock's expected return? Do not round intermediate calculations. Round your answer to two decimal places.
%
What is the stock's standard deviation? Do not round intermediate calculations. Round your answer to two decimal places.
%
What is the stock's coefficient of variation? Do not round intermediate calculations. Round your answer to two decimal places.
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