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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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