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Business, 21.11.2019 00:31 libertycooper

If the economy booms, meyer& co. stock will have a return of 20.4 percent. if the economy goes into a recession, the stock will have a loss of 12.7 percent. the probability of a boom is 67 percent while the probability of a recession is 33 percent. what is the standard deviation of the returns on the stock?

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