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You are choosing among three retirement funds. Alpha Fund has an expected return of 23% and a standard deviation of 18.2%. Beta Fund has
You are choosing among three retirement funds. Alpha Fund has an expected return of 23% and a standard deviation of 18.2%. Beta Fund has an expected return of 40% and a standard deviation of 60%. Gamma Fund has an expected return of 21%. If according to the mean-standard deviation rule the Gamma Fund would never be chosen, then the Gamma Fund's standard deviation must be greater than what?
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
13th edition
1439078106, 111197375X, 9781439078105, 9781111973759, 978-1439078099
