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If the economy is normal, the stock of Flores Corporation is expected to return 12 percent. If the economy falls into a recession, the stock's
If the economy is normal, the stock of Flores Corporation is expected to return 12 percent. If the economy falls into a recession, the stock's return is projected at a negative 3.5 percent. The probability of a normal economy is 76 percent. What is the standard deviation of the returns on this stock? Multiple Choice 43.82 12.35% 3.284 2.88
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