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Your investment has a 40% chance of earning a 18% rate of return, a 50% chance of earning a 9% rate of return, and a

Your investment has a 40% chance of earning a 18% rate of return, a 50% chance of earning a 9% rate of return, and a 10% chance of losing 23%. What is the standard deviation of this investment?

between 8% and 16%
Between zero and 8%
between -18% and zero
greater than 16%

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