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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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Auditing And EDP Objective Questions And Explanations
Authors: Irvin N Gleim, William A. Hillison
4th Edition
0917537432, 978-0917537431
