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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 32 percent in comparison

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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 32 percent in comparison to 10 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 35 percent. What is the standard deviation of the returns on this stock? Select the choice that is closest to your

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