Question
The probability distribution of the return on an investment in shares of Blackstone, Ltd. is shown below: Return Probability 4% 0.30 9% 0.50 12% 0.20
The probability distribution of the return on an investment in shares of Blackstone, Ltd. is shown below:
Return Probability
4% 0.30
9% 0.50
12% 0.20
a) Calculate the expected value of the returns.
b) Calculate the standard deviation of the returns.
c) Calculate the coefficient of variation of the returns.
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Public Finance
Authors: Harvey S Rosen
6th Edition
0072374055, 978-0072374056
