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Using the table below, compute the standard deviation of the returns. State of the Economy Probability (%) Projected Return (%) Recession 10 7.34 Moderate 18

Using the table below, compute the standard deviation of the returns.

State of the

Economy

Probability

(%)

Projected

Return (%)

Recession

10

7.34

Moderate

18

3.31

Average

49

9.55

Good

17

13.46

Outstanding

6

22.29

The standard deviation is

nothing%?

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