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An oil exploration firm is currently searching for oil. Their probability of finding oil this year is 70% and if they hit oil we expect

An oil exploration firm is currently searching for oil. Their probability of finding oil this year is 70% and if they hit oil we expect the stock to return 66%. If they do not hit oil we expect the stock to return -5%. What is the standard deviation of the return of the stock? Give your answer to two decimal places (9.99%)

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