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New Wave is considering investing in the security market. The company needs to choose only one of the two securities listed below. The return is

New Wave is considering investing in the security market. The company needs to choose only one of the two securities listed below. The return is as follows: Probability Return Security A Security B 40% 10% 7% 20% 8% 10% 40% 4% 5% Based on the above information, you are required to: calculate the expected rate of return for each security. calculate the standard deviation of return for each security. explain the most preferable security

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