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Mr. Buffett's entire portfolio contains shares of Apple (21%), Kraft (48%), and Verizon. Using the information in the table below, the standard deviation of Mr.

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Mr. Buffett's entire portfolio contains shares of Apple (21%), Kraft (48%), and Verizon. Using the information in the table below, the standard deviation of Mr. Buffett's portfolio is Return if State Occurs State of Economy Probability of State of Economy .84 . 16 Apple 10.20% Kraft 3.60% Verizon 12.60% Normal Boom 17.50% 25.50% 17.00% Multiple Choice O 6.14% O 7.17% 1.81% O O 4.92%

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