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Hello! I need a help with example 1 in chapter 9 in the notes. How the x – x^ was calculated ?
It is difficult to type here, but x is the return (10%, 15%, 20%) .
x with a line (bar) on the top is the average return (15%).
Have you watched the lecture on this?
Do note that although the examiner can expect you to understand the principles in this chapter, he can not expect you to do any arithmetic.
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