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What is the standard deviation of the return of the following project? Event Probability of event occurring Return on project (%) Expected return (%) Booming

What is the standard deviation of the return of the following project?

Event Probability of event occurring Return on project (%) Expected return (%)
Booming economy 0.2 35 25
Growing economy 0.6 10 10
Declining economy 0.2 5 5

Select one:

a. 15.34%

b. 10.68%

c. 5.22%

d. 25.10%

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