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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
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 -- .33 -- .101
Normal -- .36 -- .116
Boom. -- .31 -- .226
a. 17.88%
b.13.37%
c. 23.84%
d. 18.61%
e. 26.01%
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