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An analyst estimates a stock has a 30% probability of earning a -14% return, a 40% probability of earning an 8% return, and a 30%
An analyst estimates a stock has a 30% probability of earning a -14% return, a 40% probability of earning an 8% return, and a 30% probability of earning a 20% return. The standard deviation of stock returns is closest to:
A. 12.12% B. 13.39% C. 15.50% D. 14.63%
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