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You believe that next year there is a 20% probability of a recession and 80% probability that the economy will be normal. If your stock

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You believe that next year there is a 20% probability of a recession and 80% probability that the economy will be normal. If your stock will yield -13% in a recession and 19% in a normal year, what is the standard deviation of the stock? The standard deviation of the stock is %. (Round to two decimal places.)

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