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A stock is expected to earn 21 percent in a boom economy and 10 percent in a normal economy. There is a 38 percent chance
A stock is expected to earn 21 percent in a boom economy and 10 percent in a normal economy. There is a 38 percent chance the economy will boom and a 62.0 percent chance the economy will be normal. What is the standard deviation of these returns? Multiple Choice 6.37 Percent 6.49 Percent 5.34 Percent 7.15 Percent
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