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question 91

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Use the information for the question(s) below.
Consider an economy with two types of firms,S and I.S firms always move together,but I firms move independently of each other.For both types of firm there is a 70% probability that the firm will have a 20% return and a 30% probability that the firm will have a -30% return.
-The standard deviation for the return on a portfolio of 20 type S firms is closest to:


Definitions:

Sanguineous

Pertaining to or containing blood; often used to describe a type of drainage or discharge that is bloody.

Gunshot Wound

A type of injury caused by the discharge of a firearm, characterized by damage to tissues and organs.

Contaminated

Refers to objects or substances that have been tainted or polluted with harmful agents, making them potentially dangerous to health.

Irrigate Wounds

The process of cleaning a wound using a stream of water or saline to remove debris, bacteria, and dead tissues to promote healing.

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