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QUESTION 3 .15 State of Economy Probability of State Boom Growth .25 Stagnant .35 Recession What is the standard deviation of T? Return on R

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QUESTION 3 .15 State of Economy Probability of State Boom Growth .25 Stagnant .35 Recession What is the standard deviation of T? Return on R .040 .040 .040 .040 Return on S .280 .140 .070 - .035 Return on T .450 .275 .025 -.175 .25 A. 23.67% B. 21.66% OC. 19.53% D. 24.76% E. 18.23%

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