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The stock of Uptown Men's Wear is expected to produce the following returns given the various states of the economy. What is the expected return
The stock of Uptown Men's Wear is expected to produce the following returns given the various states of the economy. What is the expected return on this stock?
State of Economy | Probability of State of Economy | Rate of Return |
Recession | .25 | .30 |
Normal | .50 | .15 |
Boom | .25 | -.10 |
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Question 27 (2.5 points)
In the previous problem, what is the standard deviation for the stock?
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