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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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