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What is the standard deviation of the returns on a stock given the following information? State of Economy Probability of State of Economy Rate of

What is the standard deviation of the returns on a stock given the following information?

State of

Economy

Probability of

State of Economy

Rate of Return

if State Occurs

Boom

.28

.175

Normal

.67

.128

Recession

.05

.026

Group of answer choices

3.42 percent

4.01 percent

3.89 percent

3.28 percent

3.57 percent

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