B. J. Gautney Enterprises is evaluating a security. ​ One-year Treasury bills are currently paying 2.9 percent. Calculate the​ investment's expected return and its standard deviation. Should Gautney invest in this​ security? Probability Return 0.15 -3% 0.30 2% 0.40 4% 0.15 6%   The​ investment's standard deviation is _______ % . round to two decimal places

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter2: The Domestic And International Financial Marketplace
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 B. J. Gautney Enterprises is evaluating a security. ​ One-year Treasury bills are currently paying 2.9 percent. Calculate the​ investment's expected return and its standard deviation. Should Gautney invest in this​ security?

Probability Return
0.15 -3%
0.30 2%
0.40 4%
0.15 6%

 

The​ investment's standard deviation is _______ % . round to two decimal places

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