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Economic condition Probability Returns Economic boom 0.20 16% Economic growth 0.40 12% Economic decline 0.30 5% Depression 0.10 -5% What is the standard deviation of

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Economic condition Probability Returns Economic boom 0.20 16% Economic growth 0.40 12% Economic decline 0.30 5% Depression 0.10 -5% What is the standard deviation of returns? a. 6.82% b.4.58% C. 4.38% d. 6.15% e. 10.85%

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