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A stock will have a loss of 14.1 percent in a recession, a return of 12.8 percent in a normal economy, and a return of

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A stock will have a loss of 14.1 percent in a recession, a return of 12.8 percent in a normal economy, and a return of 27.5 percent in a boom. There is 28 percent probability of a recession, 31 percent probability of normal economy, and 41 percent probability of boom. What is the standard deviation of the stock's returns? Multiple Choice 12.75% 14.57% 15.58% 17.00% 28.89%

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