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Consider the following returns and states of the economy for TZ.Com.: Economy Probability Return Weak 40% 2% Normal 50% 9% Strong 10% 48% What is
Consider the following returns and states of the economy for TZ.Com.:
| Economy | Probability | Return |
| Weak | 40% | 2% |
| Normal | 50% | 9% |
| Strong | 10% | 48% |
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. DO NOT ENTER THE %. FOR EXAMPLE, IF YOUR ANSWER IS 7.7011% ENTER IT AS 7.70.
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