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Based on the following information, what is the standard deviation of returns? State of Economy Recession Normal Boom Probability of State of Economy .28 .41

Based on the following information, what is the standard deviation of returns? State of Economy Recession Normal Boom Probability of State of Economy .28 .41 .31 Rate of Return if State Occurs -.096 . 111 .221 Multiple Choice 22.08% 16.28% 20.24%

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