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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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