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Consider the following returns and states of the economy for Neptune Corporation: Economy Probability Return Weak 15% -9% Normal 50% 4% Strong 35% 10% What
Consider the following returns and states of the economy for Neptune Corporation:
Economy | Probability | Return |
Weak | 15% | -9% |
Normal | 50% | 4% |
Strong | 35% | 10% |
What is the standard deviation of the firm's returns?
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