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  • 25-10-2022
  • Business
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the probability of the economy booming is 8 percent, while it is 70 percent for being normal, and 22 percent for being recessionary. a stock is expected to return 18.3 percent in a boom, 7.4 percent in a normal economy, and lose 6.4 percent in a recession. what is the standard deviation of the returns?

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