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Consider the following information: Rate of Return if State Occurs State of Economy Probability of State of Economy Stock A Stock B Recession 0.10 0.05

Consider the following information:

Rate of Return if State Occurs
State of Economy Probability of State of Economy Stock A Stock B
Recession 0.10 0.05 -0.20
Normal 0.70 0.09 0.16
Boom 0.20 0.14 0.35

Required:

Given that the expected return for Stock A is 9.600%, calculate the standard deviation for Stock A. (Do not round your intermediate calculations.)

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