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Please find out expected return and variance of following investment opportunity. Probability Rate of Return strong economy 0.25 25% Weak economy 0.25 5% Normal economy
Please find out expected return and variance of following investment opportunity.
Probability | Rate of Return | |
strong economy | 0.25 | 25% |
Weak economy | 0.25 | 5% |
Normal economy | 0.5 | 10% |
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