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(Topic: Scenario Analysis) Consider the following scenario analysis: Scenario Probability Rate of Return (Stocks) Recession 0.20 -12.8% Normal economy 0.50 7.5% Boom 0.30 20.4% Calculate

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(Topic: Scenario Analysis) Consider the following scenario analysis: Scenario Probability Rate of Return (Stocks) Recession 0.20 -12.8% Normal economy 0.50 7.5% Boom 0.30 20.4% Calculate the standard deviation for stocks. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal place.)

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