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Use the following scenario analysis for stocks X and Y to answer the questions. Probability Stock X Stock Y Bear Market 25.00% -40.00% -22.00% Normal

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Use the following scenario analysis for stocks X and Y to answer the questions. Probability Stock X Stock Y Bear Market 25.00% -40.00% -22.00% Normal Market 50.00% 12.00% 9.00% Bull Market 25.00% 55.00% 29.00% What is the standard deviation of return for stock X? Enter your answer rounded to two decimal places. Do not enter % in the answer box. For example, if your answer is 0.12345 or 12.345% then enter as 12.35 in the answer box

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