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You are trying to develop a strategy for investing in two different stocks. The anticipated annual return for a $1,000 investment in each stock under

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You are trying to develop a strategy for investing in two different stocks. The anticipated annual return for a $1,000 investment in each stock under four different economic conditions has the probability distribution shown below. Which stock is riskier to invest in? Hint: Higher standard deviation means riskier Stock Y: as the expected annual return is $35 Stock X: as the expected annual return is $35 Stock Y : as the standard deviation of annual return is $67.71 Stock X: as the standard deviation of annual return is $45.39

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