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Your investment has a 40% chance of earning a 16% rate of return, a 50% chance of earning a 10% rate of return, and a
Your investment has a 40% chance of earning a 16% rate of return, a 50% chance of earning a 10% rate of return, and a 10% chance of losing 2%. What is the standard deviation of this investment? (Type your answer as a percent, e.g. "10.50" for 10.5%)
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