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Consider the following returns and states of the economy for TZ.Com.: Economy Probability Return Weak 20% -2% Normal 20% 4% Strong 60% 20% What is
Consider the following returns and states of the economy for TZ.Com.:
| Economy | Probability | Return |
| Weak | 20% | -2% |
| Normal | 20% | 4% |
| Strong | 60% | 20% |
What is the standard deviation of TZ's returns? SET YOUR CALCULATOR TO FOUR DECIMAL PLACES AND ROUND TO 2 DECIMAL PLACES AT THE END.
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The Validation Of Risk Models
Authors: S. Scandizzo
1st Edition
1137436956, 978-1137436955
