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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
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.) Probability Security State of of State of Economy 0.35 0.20 0.45 Return if State -750% 15.00 Economy Occurs Recession Norma1 Boom 8.00 Standard deviation
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