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Use the following information to calculate the standard deviation of Macadam Corp.'s returns. State Probability Return Boom 20% 40% Normal 60% 15% Recession 20% (20%)

Use the following information to calculate the standard deviation of Macadam Corp.'s returns.

State Probability Return
Boom 20% 40%
Normal 60% 15%
Recession 20% (20%)

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