11. You believe that with a probability of 2 ( 20% likelihood), there might be an economic boom next year. In this case, you believe your portfolio would likely generate a return of 35%. However, there is also a probability of 3 that there could be a recession next year, in which case your portfolio value would decline by 30%. If there is neither a boom nor a recession, you expect an 3% return. What is the standard deviation of your portfolio? W. 0543 or 5.43% (B) .0716 or 7.16% Q. 1151 or 11.51% . 2330 or 23.30% E. .2676 or 26.76% .2(35)+.3(8)