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Can you help me to solve this problem step by step please. 20. Given the following information, what is the standard deviation of the returns
Can you help me to solve this problem step by step please.
20. Given the following information, what is the standard deviation of the returns on this stock?
State of Economy Probability of State of Economy Rate of Return
Boom .04 .26
Normal .74 .17
Recession .22 -.44
A. 19.90 percent
B. 20.52 percent
C. 22.41 percent
D. 23.79 percent
E. 25.52 percent
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