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The probability distribution of the Holding Period Return (HPR) for Ria Berhad is as follows: State of the economy Probability HRP Boom 0.20 24% Normal

The probability distribution of the Holding Period Return (HPR) for Ria Berhad is as follows: State of the economy Probability HRP Boom 0.20 24% Normal 0.45 15% Recession 0.35 8% (i) Compute the expected standard deviation for Ria Berhad

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