Question
Consider the following returns and states of the economy for Lexington Corporation: Economy Probability Return Weak 15% -9% Normal 50% 4% Strong 35% 9% What
Consider the following returns and states of the economy for Lexington Corporation:
| Economy | Probability | Return |
| Weak | 15% | -9% |
| Normal | 50% | 4% |
| Strong | 35% | 9% |
What is the standard deviation of the firm's returns? SET YOUR CALCULATOR TO FOUR DECIMAL PLACES AND ROUND TO 2 DECIMAL PLACES AT THE END. DO NOT ENTER THE %. FOR EXAMPLE, IF YOUR ANSWER IS 7.7011% ENTER IT AS 7.70.
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Mission Ready Finances Proven Principles To Guide Your Story To Financial Freedom
Authors: Marco Parzych
1st Edition
173321531X, 978-1733215312
