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3. The return on shares of Orange Company are predicted under the following equally likely states of nature: Recession -0.11 Normal +0.05 Boom +0.24 What

3. The return on shares of Orange Company are predicted under the following equally likely states of nature: Recession -0.11 Normal +0.05 Boom +0.24 What is the standard deviation of Orange? a. 0.14 b. 0.22 c. 0.26 d. 0.32 e. 0.45 1

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