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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 0.1 (-0.2)
Normal 0.46 0.06
Boom -- 0.25
Enter answer in percents, accurate to two decimal places.
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