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Stock A has the following returns for various states of the economy: State of the Economy Probability Stock As Return Recession 10% -30% Below Average
Stock A has the following returns for various states of the economy:
State of the Economy | Probability | Stock As Return |
Recession | 10% | -30% |
Below Average | 20% | -2% |
Average | 40% | 10% |
Above Average | 20% | 18% |
Boom | 10% | 40% |
Stock A's standard deviation of returns is
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