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23 You are considering investing in the stock for Acom Corp. You estimate that next year there is a 30% chance the economy will be

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23 You are considering investing in the stock for Acom Corp. You estimate that next year there is a 30% chance the economy will be in a recession and there is a 70% chance the economy will be normal If the economy is in recenion you expect Acom will have a return of 3%. And if the economisriomat, you expect Acom to face a return of 3%. Given these assumptions, what is the expected standard deviation of Acorn Cord's stock? Write your answers a percentage of your wowers 2207 pe924 Report your own to east 2 decimal places

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