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5 If the economy booms, Meyer&Co. stock will have a return of 23.2 percent. If the economy goes into a recession, the stock will have

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5 If the economy booms, Meyer&Co. stock will have a return of 23.2 percent. If the economy goes into a recession, the stock will have a loss of 11.7 percent. The probability of a boom is 65 percent while the probability of a recession is 35 percent. What is the standard deviation of the returns on the stock? 02:08:12 Multiple Choice 15.19% 9.83% 16.36% O 13.92% 16,65%

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