Assume that we wish to determine the expected value and standard deviation of returns of Assets A. The expected returns of assets A and probabilty for each of the next 5 years are given in columns 1 and 2 respectively in the table. Find the expected value and standard deviation of returns for Asset A
Year Asset A Probability
2018 9 % 10 %
2019 11 % 20 %
2020 8 % 10 %
2021 12 % 30 %
2022 10 % 20 %.
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