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Problem 6-19 (Algo) Required: A project has a 0.34 chance of doubling your investment in a year and a 0.66 chance of halving your investment

Problem 6-19 (Algo) Required:

A project has a 0.34 chance of doubling your investment in a year and a 0.66 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.)

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