14. A stock's return has the following range of outcomes and probabilities: Outcomes Probability of the Outcome .03 .20 .08 40 .13 40 Calculate the standard deviation (not the variance!) of the above return. Hint: Use the results from 13 above! Keep working in percentages instead of rates! b. c. d. 0.00072 0.00140 0.03742 0.02683 0.01788 e. 15. You believe the following probability distribution exists for stock ABC. What is the coefficient of variation on ABC's stock? Hint: You need to do several intermediate calculations such as the mean, the variance, and the standard deviation. Probability Stock's State of of State Expected the Economy Occurring Return Boom 0.45 25% Normal 0.50 15% Recession 0.05 5% a. 0.2839 b. 0.3069 c. 0.3299 d. 0.3547 e. 0.3813