Dr. Cruz is thinking about buying two types of production systems to produce Lithium batteries over 6 years: 1) a BDP system and 2) a GTT system. They produce the same number of pieces every year. On the basis of IRR criterion, which option should Dr. Cruz select

The returns on the common stock of maynard cosmetic specialties are quite cyclical. in a boom economy, the stock is expected to return 22 percent in comparison to 9 percent in a normal economy and a negative 14 percent in a recessionary period. the probability of a recession is 35 percent while the probability of a boom is 10 percent. what is the standard deviation of the returns on this stock?