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Using the table below, calculate the Standard Deviation of the portfolio: Demand for Company Products Probability of this Demand Occurring Rate of Return if this
Using the table below, calculate the Standard Deviation of the portfolio:
Demand for Company Products | Probability of this Demand Occurring | Rate of Return if this demand Occurs (k) |
Weak | 0.10 | -30% |
Below average | 0.25 | -15% |
Average | 0.30 | 10% |
Above Average | 0.25 | 25% |
Strong | 0.10 | 45% |
A firm purchases 150 acres of land for $195,000 and agrees to remit 17 equal annual end-of-year installments of $25,831.94 each. What is the true annual interest rate on this loan?
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