Question
You are contemplating making a $7,000 investment that would have the following possible outcomes in cash flows each year. What are the expected cash flow,
You are contemplating making a $7,000 investment that would have the following possible outcomes in cash flows each year. What are the expected cash flow, the expected rate of return and the standard deviation? Please be sure to show your work.
Probability Cash Flows
.25 $300
.55 $675
.20 $1,200
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Financial Management An Introduction
Authors: Jim McMenamin
1st Edition
0415181623, 9780415181624
