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QUESTION 1 The stock of Business Adventures sells for $40 a share. Its likely dividend payout and end-of-year price depend on the state of the

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QUESTION 1 The stock of Business Adventures sells for $40 a share. Its likely dividend payout and end-of-year price depend on the state of the economy by the end of the year as follows. Boom State: Dividend is $2.00 and stock price is $50 Normal State: Dividend is $1.00 and stock price is $43 Recession: Dividend is $0.50 and stock price is $34 If all scenarios are equally likely, which of the following is closest to the standard deviation of the stock? 13.06% O 17.03% 17.88% O 18.74% 0 20.67% O None of the above

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