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Calculate the expected standard deviation on stock: State of the economy Probability of the states Percentage returns Economic recession 25% 5% Steady economic growth 21%

Calculate the expected standard deviation on stock:

State of the economy Probability of the states Percentage returns

Economic recession 25% 5%

Steady economic growth 21% 9%

Boom Please calculate it 11%

Can you share the formulas you used in excel to get to your answer please.

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