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  3. consider the following returns and states of the e

Consider the following returns and states of the economy for TZ.Com.: ...

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Question

Finance

Consider the following returns and states of the economy for TZ.Com.:

Economy

Probability

Return

Weak

20%

-4%

Normal

20%

8%

Strong

60%

18%

What is the standard deviation of TZ's returns? Please show all steps

Answer & Explanation Solved by verified expert
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