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Suppose you have a project that has a 0.3 chance of tripling your investment in...

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Finance

Suppose you have a project that has a 0.3 chance of tripling your investment in a year and a 0.7 chance of halving your investment in a year. What is the standard deviation of the rate of return on this investment? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places.)

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