F the economy booms, Meyer&Co. Stock will have a return of 23.9 percent. If the economy goes into a recession, the stock will have a loss of 12.4 percent. The probability of a boom is 72 percent while the probability of a recession is 28 percent. What is the standard deviation of the returns on the stock? Options: 13.88% 12.72% 16.30% 14.95% 9.40%

Suppose a starbucks tall latte cost $4.00 in the united states, 5.00 euros in the euro area and $2.50 australian dollars in australia. nominal exchange rates are .80 euros per dollar and 1.4 australian dollars per u.s. dollar. where does purchasing power parity hold? a. both the euro area and australia. b. neither the euro area or australia. c. the euro area but not australia. d. australia but not the euro area.