What is the expected rate of return and standard deviation
Question:
If there is a 20% chance we will get a 16% return, a 30% chance of getting a 14% return, a 40% chance of getting a 12% return, and a 10% chance of getting an 8% return, what is the expected rate of return and the standard deviation?
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Calculate the expected rate of return and standard deviation of returns for this investment.
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