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You believe that next year there's a 29% probability of a recession and a 71% probability the economy will be normal. If your stock will
You believe that next year there's a 29% probability of a recession and a 71% probability the economy will be normal. If your stock will yield -9% in a recession and 18% in a normal year, what is your expected annual return and standard deviation? Round your answers to four decimal places. The expected annual return is The standard deviation is
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