Question
PLEASE EXPLAIN THE FORMULA AND SOLVE. Hayek Corporation has a 0.1 probability of a return of 0.54, a 0.2probability of a rate of return of
PLEASE EXPLAIN THE FORMULA AND SOLVE.
Hayek Corporation has a 0.1 probability of a return of 0.54, a 0.2probability of a rate of return of 0.06, and the remaining probability of a 0.80 rate of return.What is the variance in the expected rate of return of Hayek Corporation?
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Analysis for Financial Management
Authors: Robert Higgins
11th edition
77861787, 978-0077861780
