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

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Based on the following information, what is the standard deviation of returns? State of Economy Probability of State Rate of Return if of Economy State Occurs Recession 0.30 -0.104 Normal 0.33 0.119 Boom 0.37 0.229 Select one: a. 27.21% b. 24.95% C. 18.71% d. 13.68% e. 19.31%

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