Question
Suppose an investment is equally likely to have a 15% return or a -10% return. a) What is the expected return for this investment? b)
Suppose an investment is equally likely to have a 15% return or a -10% return.
a) What is the expected return for this investment?
b) What is the variance on the return for this investment?
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The New Microfinance Handbook A Financial Market System Perspective
Authors: Joanna Ledgerwood, Julie Earne, Candace Nelson
1st Edition
0821389270, 978-0821389270
