Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

There is a probability 0.44 that a new law is passed granting some tax credits to small businesses. If it does, we expect investors of

image text in transcribed

There is a probability 0.44 that a new law is passed granting some tax credits to small businesses. If it does, we expect investors of Small-Retailers to achieve a return of 0.17. Else, investors may expect a lower return of 0.06. Can you estimate the variance of this rate of return? Type your answer as decimal (i.e. 0.052 and not 5.2%). Round your answer to the nearest four decimals if needed

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

Students also viewed these Finance questions

Question

(5) (6) X) 11 OC OG Class: No. : Name: Der

Answered: 1 week ago

Question

1. What is blood circulation? 2. Three types of blood vessels?

Answered: 1 week ago

Question

Why are red blood cells Red in colour?

Answered: 1 week ago

Question

Define Consumerism.

Answered: 1 week ago