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2. Calculate the expected standard deviation on stock: State of the economy Probability of the states Percentage returns Economic recession 28% -9% Steady economic growth

2. Calculate the expected standard deviation on stock:

State of the economy

Probability of the states

Percentage returns

Economic recession

28%

-9%

Steady economic growth

26%

7%

Boom

Please calculate it

13%

Round the answers to two decimal places in percentage form. (Write the percentage sign in the "units" box).

MUST Show ALL work.

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