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You own a stock that is expected to return 25.0 percent in a booming economy and generate a -3.0 percent return in a recession. The
You own a stock that is expected to return 25.0 percent in a booming economy and generate a -3.0 percent return in a recession. The probability of an economic boom is 65 percent while there is a 35 percent probability of a recession. What is the standard deviation of returns on this stock? 15.37 percent 10.54 percent O 14.30 percent 13.36 percent
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