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QUESTION 28 3 points After some study of the economy. your forecast for next year is that a boom economy has a 30% chance of

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QUESTION 28 3 points After some study of the economy. your forecast for next year is that a boom economy has a 30% chance of occurring a neutral economy Son, anda bust economy a 20% chance of occurring. You also estimate that a certain stock would have a return of 35 in a boom economy next year. 16 neutral economy and 12 in a bust economy. The risk free rate is 4.6. What is the standard deviation of expected returns for this stock next year? Answer to the nearest Tenth of a percent, but do not use a percent in Probability Return Boom Economy 30% 35 Neutral Economy 50 1646 Burst Economy 200 Risk Frre Rate 46 12

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