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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 of a percent rounded to 2 decimal places.) State of coon Recession Normal Probability of State of Economy .35 20 Security Return 1 state Occurs -6.50% 10.00 20.00 Standard deviation

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