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As in the previous problem, if the economy is normal, Charleston Freight stock is expected to return 16.5 percent. If the economy falls into a recession, the stock's return is projected at a negative 11.6 percent. The probability of a normal economy is 80 percent while the probability of a recession is 20 percent. What is the standard deviation of the returns on this stock
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As in the previous problem, if the economy is normal, Charleston Freight stock is expected to return...
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