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Suppose you have predicted the following stock returns for CYM Hotel Group in three possible states of the economy. What is the standard deviation of

Suppose you have predicted the following stock returns for CYM Hotel Group in three possible states of the economy. What is the standard deviation of this stock?

State of Economy Probability Return

Boom 30% 25%

Normal 70% 11%

a. 6.42%

b. 1.52%

c. 3.23%

d. 4.44%

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