SCENARIO 5-11 There Are Two Houses with Almost Identical Characteristics Available for Available

question 26

Short Answer

SCENARIO 5-11
There are two houses with almost identical characteristics available for investment in two different
neighborhoods with drastically different demographic composition. The anticipated gain in value
when the houses are sold in 10 years has the following probability distribution:
-Referring to Scenario 5-11, what is the total variance of value gain if you invest in both houses?

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