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The return on shares of the Orange Company are predicted under the following states of nature. The states of nature are all equally likely, and

The return on shares of the Orange Company are predicted under the following states of nature. The states of nature are all equally likely, and because there are a total of three states, each state has a 33.333% chance of occurring. Recession -0.13 Normal +0.04 Boom +0.23 What is the standard deviation of Orange?

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