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The performance of the common stock of Apple Stores is highly dependent upon the state of the economy. In a boom economy, the stock is
The performance of the common stock of Apple Stores is highly dependent upon the state of the economy. In a boom economy, the stock is expected to return in comparison to in a normal economy andnegative in a recessionary period. The probability of a recession is There is a chance of a boom economy. The remainder of the time the economy will be at normal levels. What is the standard deviationof the returns on Apple stock?
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