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You have been given this probability distribution for the holding-period return for a stock: Stock of the Economy Probability Boom 0.40 0.35 Normal growth Recession
You have been given this probability distribution for the holding-period return for a stock: Stock of the Economy Probability Boom 0.40 0.35 Normal growth Recession 0.25 HPR 22% 11% - 9% - What is the expected standard deviation for the stock?
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