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Please I just need the answer to check, don't need step by step
Over the next 90 days, economists forecast that the pound may strengthen relative to the dollar by as much as 12%, or it may weaken by as much as 9%. The possible values for the rate of change of the dollar-pound spot exchange rate are - 9%, -4%, 0%, 5%, and 12%. If these values are equally likely, what are the mean and standard deviation of the future spot exchange rate if the current rate is $1.7/? Select one: a. $0.5836/; $0.1160/ b. $1.7136/; $0.1232/ c. $1.6640/; $0.1232/ d. $0.6200/; $0.1160/Get Answers to Unlimited Questions
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