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Business, 24.06.2019 23:50 celayaluis00

The returns on the common stock of new image products are quite cyclical. in a boom economy, the stock is expected to return 46 percent in comparison to 16 percent in a normal economy and a negative 28 percent in a recessionary period. the probability of a recession is 25 percent while the probability of a boom is 30 percent. what is the standard deviation of the returns on this stock?

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