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4 Assume a financial analyst concludes the following probabilities and corresponding dividend payment estimates for company X: State of nature Dividend per share Excellent Probability

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4 Assume a financial analyst concludes the following probabilities and corresponding dividend payment estimates for company X: State of nature Dividend per share Excellent Probability 0.5 Good $1.0 $0.8 $0.2 Bad 0.3 0.2 Then the standard deviation of the dividend payment is elect on

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