Based on economic conditions, you compiled the following information with estimates of returns from Shoe...
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Finance
Based on economic conditions, you compiled the following information with estimates of returns from Shoe Building Inc.'s stock and the probabilities associated with the economic condition for the next year: Market Condition Probability (p1) Shoe Building Inc. (Rn) Boom Normal Recession 0.25 0.40 0.35 13% 8% -10% Using this information, calculate the standard deviation of returns from Shoe Building Inc.'s stock. O 17.15% O 3.11% O 94.15% O 9.70%
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