value: 3.00 points Ex-Ante Standard Deviation An analyst estimates a 28% probability of a recession next year, a 52% probability of normal economic growth and a 20% probability of a strong recovery. If a recession occurs a stock is projected to have a-16.3% return, with normal growth the stock will generate a 11.3% return and if the strong recovery occurs the stock will have a 26.3% rate of return. This stock's standard deviation is 15.36% 12.31% 6.57% 12.58%