Question
Analysts predict that over the next year, Sammy's, Inc.s common stock has a 25% chance of returning 7%, a 40% chance of returning 15%, and
Analysts predict that over the next year, Sammy's, Inc.s common stock has a 25% chance of returning 7%, a 40% chance of returning 15%, and a 35% chance of returning 27%. What is the standard deviation of returns on Sammy's, Inc.s common stock? Submit your answer as a percentage and round to two decimal places.
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Financial Management Theory And Practice
Authors: Prasanna Chandra
9th Edition
9339222571, 978-9339222574
