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23 (4 points) Carson Inc.'s manager believes that economic conditions during the next year will be strong, normal, or weak, and she thinks that the

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23 (4 points) Carson Inc.'s manager believes that economic conditions during the next year will be strong, normal, or weak, and she thinks that the firm's returns will have the probability distribution shown below. What's the standard deviation of the estimated returns? (Illustrate the calculator/excel or calculation procedures) Economic Conditions Prob. Return Strong 30% 34.0% Normal 40% 10.0% Weak 30% -16.0%

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