Compute the Standard Deviation of the Expected Return Given These

question 13

Multiple Choice

Compute the standard deviation of the expected return given these three economic states, their likelihoods, and the potential returns:
$$\begin{array}{l}\begin{array} { c c r } \text { Eccrorric State }&\text { Probability } & \text { Return } \\\text { fast growth }&0.2 & 30 \% \\\text {slow growth }&0.5 & 6\% \\\text { recession }&0.3 & - 2\%\end{array}\end{array}$$

• A) 8.4 percent
• B) 10.87 percent
• C) 11.34 percent
• D) 24.09 percent

Recognize criticisms of utilitarianism, including its approach to individual rights and equality.

Explore the distinction between rule consequentialism and act consequentialism.

Understand the importance of empirical investigation in ethical decision making according to utilarians.

Discuss the concept of supererogatory actions within the utilitarian framework.

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Definitions:

Extra Payments

Additional payments made over the required minimum payment on debts like loans or mortgages, aimed at reducing the principal balance more quickly.

Total Interest

The total amount of interest paid over the lifetime of a loan.

Life of the Loan

The duration over which a borrower is required to make payments until the loan is paid off in full.

Compounded Monthly

A process where interest earned is added to the principal, so that from that moment on, interest is earned on interest, recalculated on a monthly basis.