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Calculate the Standard Deviation (in percent) of the following investment: State of the Economy Probability Outcome Recession 30% -7% Stability 40% 8% Boom 30% 13%

  1. Calculate the Standard Deviation (in percent) of the following investment:

State of the Economy Probability Outcome

Recession 30% -7%

Stability 40% 8%

Boom 30% 13%

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