Find out the standard deviation of the rate of return


Problem:

A project has a 0.84 chance of doubling your investment in a year and a 0.16 chance of halving your investment in a year.

Required:

Question: What is the standard deviation of the rate of return on this investment?

Note: Please provide reasons to support your answer.

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Accounting Basics: Find out the standard deviation of the rate of return
Reference No:- TGS0888658

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