If the economy booms, Meyer&Co. stock will have a return of 18.5 percent. If the...
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If the economy booms, Meyer&Co. stock will have a return of 18.5 percent. If the economy goes into a recession, the stock will have a loss of 7.6 percent. The probability of a boom is 71 percent while the probability of a recession is 29 percent. What is the standard deviation of the returns on the stock? Multiple Choice 8.22% 7.53% Oo oo 7.23% 11.84%
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