Dotbomb’s stock has the following projected rates of return (outcomes): 10%, 15%,and 30%. The probabilities of their outcomes are 15%, 50%, and 35% respectively. a.What are the expected return and standard deviation of Dotbomb’s stock?b. What is the probability that Dotbomb stock will earn a return no more than 15%?c. What is the probability that Dotbomb stock will earn a return less than 15%
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