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Based on the following information, calculate the standard deviation for the stock. Round intermediate computation to six decimal places. Round your final answer to the
Based on the following information, calculate the standard deviation for the stock. Round intermediate computation to six decimal places. Round your final answer to the nearest basis point.
STATE OF ECONOMY PROBABILITY OF STATE OF ECONOMY RATE OF RETURN IF STATE OCCURS
Recession 0.64 0.07
Normal 0.25 0.10
Boom 0.11 0.12
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