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Given the following information, what is the standard deviation (in percent) of the returns on this stock? Carry intermediate calculations to at least five decimals.

Given the following information, what is the standard deviation (in percent) of the returns on this stock? Carry intermediate calculations to at least five decimals. Answer to two decimals

State of Economy

Probability of State of Economy

Rate of Return (%)

Recession

15%

-11.98

Normal

60%

19.55

Boom

25%

21.16

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