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What is the standard deviation of a security which has the following expected returns? State of the Economy Probability of State of Economy Rate of
What is the standard deviation of a security which has the following expected returns?
State of the Economy | Probability of State of Economy | Rate of Return if State Occurs | |
Boom | 0.10 | 19 | % |
Normal | 0.75 | 13 | % |
Recession | 0.15 | -7 | % |
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