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The common stock of Leaning Tower of Pita, Inc., a restaurant chain, will generate the following payoffs to investors next year: Scenario Return Boom 112

The common stock of Leaning Tower of Pita, Inc., a restaurant chain, will generate the following payoffs to investors next year: Scenario Return Boom 112 % Normal 19 % Recession -57 % Assuming each scenario is equally likely (1/3 probability), what is the standard deviation of their returns?

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