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please make sure answer given is one of the provided options Based on the following information, what is the standard deviation of returns? State of

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Based on the following information, what is the standard deviation of returns? State of Economy Recession Normal Boom Probability of State of Economy 0.31 0.38 0.31 Rate of Return if State Occurs -0.099 0.114 0.224 17.68% 22.39% 16.80% 12.96% 24.43%

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