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Based on the following information, what is the standard deviation of returns? State of Economy Probability of State of Economy Rate of Return if State

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Based on the following information, what is the standard deviation of returns? State of Economy Probability of State of Economy Rate of Return if State Occurs Recession .30 .098 Normal .39 .113 Boom 31 .223 12.75% 21.67% 23.64% 17.2196 16.25%

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