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If the economy booms, Meyer&Co. stock will have a return of 23.7 percent. If the economy goes into a recession, the stock will have a

If the economy booms, Meyer&Co. stock will have a return of 23.7 percent. If the economy goes into a recession, the stock will have a loss of 12.2 percent. The probability of a boom is 70 percent while the probability of a recession is 30 percent. What is the standard deviation of the returns on the stock? Multiple Choice 9.55% 14.33% 16.45% 13.14% 15.43%

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