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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

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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 8% return. What is the standard deviation of your portfolio? D. .0543 or 5.43% (B) .0716 or 7.16% Q 1151 or 11.51% . 2330 or 23.30% "E. 2676 or 26.76% .2(20)+.2(35)+.3(30)

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