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Use the following information on states of the economy and stock returns to calculate the standard deviation of returns (Do not round intermediate calculations. Enter

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Use the following information on states of the economy and stock returns to calculate the standard deviation of returns (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Probably Security Return State of if State State of Economy Economy Occuts Recession -3.00 Normal .50 14.00 Boom .25 24.00 Standard deviation

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