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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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