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You have calculated the following holding period returns for an individual stock:
Periods Return
Month 1 0.09
Month 2 0.12
Month 3 -0.02
What is the stock's standard deviation? Assume we don't know the probabilities about the future.
* Hint: Please calculate E(R) first and calculate standard deviation accordingly.
Please round your answer to the fourth decimal. For example, 0.1234.
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