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If the economy booms, Meyer&Co. stock will have a return of 20.7 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 20.7 percent. If the economy goes into a recession, the stock will have a loss of 13 percent. The probability of a boom is 64 percent while the probability of a recession is 36 percent. What is the standard deviation of the returns on the stock

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