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3. Suppose you buy a share for $100 and expect that the price next year will...

3. Suppose you buy a share for $100 and expect that the price next year will be: $125 with a probability of 40% $115 with a probability of 20% $105 with a probability of 40% The standard deviation return on your investment expressed as a percentage to 2 decimal places is:

Select one: a. 8.94% b. 12.79% c. 15.00% d. 10.00%

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