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Given the following information about a stock's return in the various states of the economy, calculate the standard deviation of its return. State of economy
Given the following information about a stock's return in the various states of the economy, calculate the standard deviation of its return. State of economy Probability Stock return Recession 0.15 -0.21 Normal 0.31 0.09 Boom 0.17 Enter answer in percents, accurate to two decimal places
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