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Use the following information on states of the economy and stock returns calculate the standard...

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Use the following information on states of the economy and stock returns calculate the standard deviation of returns. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Probability of State of Economy State of Economy Recession Normal Boom Security Return if State Occurs -7.00% 9.00 21.00 .30 .20 .50 Standard deviation %

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