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Consider this: You have a portfolio consisting of three key stocks: $80,000 is invested in AAPL; $50,000 is invested in BBBY; $70,000 is invested in

Consider this: You have a portfolio consisting of three key stocks:

$80,000 is invested in AAPL;

$50,000 is invested in BBBY;

$70,000 is invested in CCL:

State Prob. AAPL BBBY CCL
boom 0.35 1% 15%

-13%

normal ????? 6% 6% -2%
recession 0.35 15% -30% 8%

What is the Standard Deviation of BBBY?

And what is the portfolio's standard deviation?

Please show work in excel with formulas if possible.

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