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Rate of return if state occurs Probability of the state of economy Stock SSS Recession 0.1 4 % Normal 0.5 11 % Boom 0.4 11
Rate of return if state occurs Probability of the state of economy Stock SSS Recession 0.1 4 % Normal 0.5 11 % Boom 0.4 11 % Calculate the standard deviation of a stock return. Express your answer as %
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