Calculate mean and standard deviation for the following asset. Economic State                     Return                        Probability Recession                                -20%                           25% Normal                                    15%                             50% Boom                                      30%                             25%

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter10: Capital Budgeting: Decision Criteria And Real Option
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Calculate mean and standard deviation for the following asset.

Economic State                     Return                        Probability

Recession                                -20%                           25%

Normal                                    15%                             50%

Boom                                      30%                             25%

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