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(MANAGERIAL FINANCE) The possible returns from investing in BestMax share are as follows: State of Economy Probability of State of Economy Return if State Occurs

(MANAGERIAL FINANCE)

The possible returns from investing in BestMax share are as follows:

State of Economy	Probability of State of Economy	Return if State Occurs
Strong	0.26	96%
Normal	0.51	12%
Weak	0.23	-83%

Based on the above information, calculate the following for BestMax share:

(a) Standard deviation of return.

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