Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Based on the following information, what is the standard deviation of returns?
State of
Economy
Recession
Normal
Boom
Probability of
State of Economy
.32
.35
.33
Rate of Return if
State Occurs
-.102
.117
.227
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Transcribed Image Text:Based on the following information, what is the standard deviation of returns? State of Economy Recession Normal Boom Probability of State of Economy .32 .35 .33 Rate of Return if State Occurs -.102 .117 .227
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