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Must be done using excel: You have been given this probability distribution for the holding-period return for GM stock: State of the economy Probability HPR
Must be done using excel:
You have been given this probability distribution for the holding-period return for GM stock:
State of the economy Probability HPR
Boom .40 30%
Normal Growth .40 11%
Recession .20 -10%
What is the expected standard deviation for GM stock? (Answer: 2.21%)
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