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Calculate the standard deviation( in % term, 2 numbers after the decimal) of this scenario. Outcome 1: Recession. probability=40%. Return=6.63%. Outcome 1: Recovery. Probability= 60%.

Calculate the standard deviation( in % term, 2 numbers after the decimal) of this scenario. Outcome 1: Recession. probability=40%. Return=6.63%. Outcome 1: Recovery. Probability= 60%. Return = 20.69%

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