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Use the following information on the states of the economy and stock returns to calculate the standard deviation of returns. Assume that all three states

Use the following information on the states of the economy and stock returns to calculate the standard deviation of returns. Assume that all three states are equally likely. image text in transcribed
Check my work 13 Use the following information on states of the economy and stock returns to calculate the standard deviation of returns. Assume that all three states are equally likely. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Security Return if State Occurs -6.00 11.00 20.00 State of onomy Recession Normal Boom Print Standard deviation K Prev 13 of 55 Nxt>

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