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(Topic: Scenario Analysis) Consider the following scenario analysis: Scenario Recession Normal economy Boom Probability 0.20 0.50 0.30 Rate of Return (Stocks) -11.9% 5.1% 28.0% Calculate

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(Topic: Scenario Analysis) Consider the following scenario analysis: Scenario Recession Normal economy Boom Probability 0.20 0.50 0.30 Rate of Return (Stocks) -11.9% 5.1% 28.0% 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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