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QUESTION
Builtrite is considering the following investment as an alternative to a oneyear Treasury Bill which is currently paying 2.
Builtrite is considering the following investment as an alternative to a oneyear Treasury Bill which is currently paying 2.85%. Calculate the expectedvalue and standard deviation of the investment and comment on what youthink Builtrite should do.
Prob. Return
.15 -1%
.30 2%
.40 3%
.15 8%
