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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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