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QUESTION 11 Your investment has a 25% chance of earning a 15% rate of return, a 60% chance of earning a 33% rate of return,
QUESTION 11 "Your investment has a 25% chance of earning a 15% rate of return, a 60% chance of earning a 33% rate of return, and a 15% chance of losing 10%. What is the standard deviation on this investment? Note: Express your answers in strictly numerical terms. For example, if the answer is 5%, write 0.05
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