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A stock is expected to return 12% in a normal economy, 20% if the economy booms and lose 10% if the economy moves into a

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A stock is expected to return 12% in a normal economy, 20% if the economy booms and lose 10% if the economy moves into a recessionary period. Economists predict a 60% chance of a normal economy, a 20% chance of a boom, and a 20% chance of a recession. What is the expected return on the stock? What is the variance and Standard deviation

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