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The common stock of Manchester & Moore is expected to earn 14 percent in booming economy, 7 percent in a normal economy, and lose 4

The common stock of Manchester & Moore is expected to earn 14 percent in booming economy, 7 percent in a normal economy, and lose 4 percent in a recessionary economy. The probability of a boom is 20 percent while the probability of a recession is 15 percent. What is the standard deviation on this stock?

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