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Given the following information, what is the standard deviation of stock A if it has an expected return of 33% in a boom economy, an
Given the following information, what is the standard deviation of stock A if it has an expected return of 33% in a boom economy, an expected return of 18% in a good economy, and an expected return of 2% in a recession? The probabilities of boom, normal, recession are 0.1, 0.6, and 0.3, respectively.
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