An analyst estimates a 18% probability of a recession next year, a 42% probability of normal economic growth and a 40% probability of a strong recovery. If a recession occurs a stock is projected to have a -15.3% return. With normal growth the stock will generate a 10.3% return and if the strong recovery occurs the stock will have a 25.3% rate of return. This stock's standard deviation is _______.

11.30%

14.35%

11.69%

11.57%

An analyst estimates a 21% probability of a recession next year, a 45% probability of normal economic growth and a 34% probability of a strong recovery. If a recession occurs a stock is projected to have a -15.6% return. With normal growth the stock will generate a 10.6% return and if the strong recovery occurs the stock will have a 25.6% rate of return. This stock's standard deviation is _______.

14.85%

11.80%

12.07%

10.20%