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Use the following information on states of the economy and stock returns to calculate the standard deviation of returns for Disney. Note: Do not round
Use the following information on states of the economy and stock returns to calculate the standard deviation of returns for Disney.
Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.
State of Economy | Probability of State of Economy | Security Return if State Occurs |
---|---|---|
Recession | 0.40 | 6.00% |
Normal | 0.25 | 10.00 |
Boom | 0.35 | 19.00 |
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