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You have been given this probability distribution for the holding-period return for GM stock: State of the Economy Probability HPR Boom .40 30% Normal growth
You have been given this probability distribution for the holding-period return for GM stock:
| State of the Economy | Probability | HPR |
| Boom | .40 | 30% |
| Normal growth | .40 | 11% |
| Recession | .20 | -10% |
What is the expected standard deviation for GM stock?
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Simple Tools And Techniques For Enterprise Risk Management
Authors: Robert J. Chapman
1st Edition
1119989973, 978-1119989974
