Question
You anticipate that an investment has a 30% chance of earning a 20% return, a 40% chance of earning a 5% return, and a 30%
You anticipate that an investment has a 30% chance of earning a 20% return, a 40% chance of earning a 5% return, and a 30% chance of earning 12%. What is the standard deviation of this investment? Answer in percent form to two decimal places.
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Introduction To Finance Markets Investments And Financial Management
Authors: Ronald W. Melicher, Edgar A. Norton
14th Edition
0470561076, 9780470561072
