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If the economy booms, Meyer&Co. stock will have a return of 23.4 percent. If the economy goes into a recession, the stock will have a

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If the economy booms, Meyer&Co. stock will have a return of 23.4 percent. If the economy goes into a recession, the stock will have a loss of 11.9 percent. The probability of a boom is 67 percent while the probability of a recession is 33 percent. What is the standard deviation of the returns on the stock? Multiple Choice 16.60% 14.89% 14.89% O 9,74% 9.74% 16.03% 13.65%

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