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Problem 6 - 1 9 ( Algo ) Required: A project has a 0 . 9 0 chance of doubling your investment in a year

Problem 6-19(Algo)
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A project has a 0.90 chance of doubling your investment in a year and a 0.10 chance of halving your investment in a year. What is the standard deviation of the rate of return on this investment? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Standard deviation
%
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