Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

the answer is NOT correct please answer it Based on the following Information: State of Economy Depression Recession Normal Boom Probability of State of Economy

image text in transcribed

the answer is NOT correct

please answer it

Based on the following Information: State of Economy Depression Recession Normal Boom Probability of State of Economy 0.09 0.19 0.50 0.22 Rate of Return if State Occurs -0.111 0.053 0. 124 0.205 Calculate the expected return. (Do not round Intermediate calculations. Round the final answer to 2 decimal places.) Expected return 12.72% Calculate the standard deviation. (Do not round Intermediate calculations. Round the final answer to 2 decimal places.) Standard deviation 8.65%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Microfinance And Sustainable Development In Africa

Authors: Yahaya Alhassan, Uzoechi Nwagbara

1st Edition

1799874990,1799875024

More Books

Students also viewed these Finance questions

Question

Discuss the uses for topographic surveys.

Answered: 1 week ago