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Consider the following information on Stocks A, B, C and their returns (in decimals) in each state: State Prob. of State A B C Boom

Consider the following information on Stocks A, B, C and their returns (in decimals) in each state: State Prob. of State A B C Boom 20% 0.32 0.19 0.18 Good 45% 0.14 0.1 0.07 Poor 25% 0.04 0.02 0.04 Bust 10% -0.08 -0.05 -0.02 If your portfolio is invested 25% in A, 40% in B, and 35% in C, what is the standard deviation of the portfolio in percent?

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