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The returns on the common stock of Apple closely follow the economy. In a booming economy, the stock is expected to return 23% in comparison
The returns on the common stock of Apple closely follow the economy. In a booming economy, the stock is expected to return 23% in comparison to 14% in a normal economy and a -18% in a recession. The probability of a recession is 18% while the probability of a boom is 22%. What is the standard deviation of Apple stock return?
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Project Finance In Theory And Practice Designing Structuring And Financing Private And Public Projects
Authors: Stefano Gatti
4th Edition
032398360X, 9780323983600
