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The returns on the common stock of Tesla are quite cyclical. In a boom economy, the stock is expected to return 30 percent in comparison

The returns on the common stock of Tesla are quite cyclical. In a boom economy, the stock is expected to return 30 percent in comparison to 14 percent in a normal economy and a negative 28 percent in a recessionary period. The probability of a recession is 30 percent while the probability of a boom is 40 percent. What is the standard deviation of the returns on this stock? Select the choice that is closest to your answer. Group of answer choices 23.41 percent 24.35 percent 25.09 percent 25.83 percent

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