Question
The following is known about states of the future economy: State Probability Return Very Poor 10.00% -11.00% Poor 25.00% -5.00% Medium 35.00% 4.00% Good 30.00%
The following is known about states of the future economy:
| State | Probability | Return |
| Very Poor | 10.00% | -11.00% |
| Poor | 25.00% | -5.00% |
| Medium | 35.00% | 4.00% |
| Good | 30.00% | 9.00% |
Question 4: What is your expected return?
Question 5: What is the Standard Deviation of the returns?
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Principles Of Managerial Finance
Authors: Lawrence J Gitman, Chad J Zutter
7th Edition
0133546403, 9780133546408
