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You have been given the probability distribution for the holding period return for HPR stock: State of the Economy Probability Return Boom 0.4 22% Normal

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You have been given the probability distribution for the holding period return for HPR stock: State of the Economy Probability Return Boom 0.4 22% Normal Growth 0.35 1196 Recession 0.25 -9% What is the expected standard deviation (risk) for HPR stock? 15.447% 10.134% 12.167% 9.962

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