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You just deposited $1,605 in an account. What is the future value in 10 years? Use a nominal rate (monthly compounding) of 14.00%.

1. You just deposited $1,605 in an account. What is the future value in 10 years? Use a nominal rate (monthly compounding) of 14.00%.

2. Consider the following returns and states of the economy for TZ.Com.:

Economy Probability Return:

Weak 15% -6%

Normal 50% 3%

Strong 35% 8%

What is the standard deviation of TZ's returns?

 

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jeff jeffy answered 2 years ago
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