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If the economy booms, Meyer&Company stock will have a return of 1 8 . 7 percent. If the economy goes into a recession, the stock

If the economy booms, Meyer&Company stock will have a return of 18.7 percent. If the economy goes into a recession, the stock will have a loss of 7.8 percent. The probability of a boom is 69 percent while the probability of a recession is 31 percent. What is the standard deviation of the returns on the stock?
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