An investor purchases a share of Synovous Bank stock this morning for $2.80. The investor believes...

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An investor purchases a share of Synovous Bank stock this morning for $2.80. The investor believes the economy will take one of three conditions in the coming year, and each condition will have an impact on the selling price of the stock. The investor's beliefs about the economy are shown below: Synovous Price in One Year OUTCOME: Bad for Banks Moderate for Banks Good for Banks Probability 0.37 Submit 0.30 0.33 What is the standard deviation for Synovous returns (based on the investor's returns)? $2.54 $2.96 $3.23 An investor purchases a share of Synovous Bank stock this morning for $2.80. The investor believes the economy will take one of three conditions in the coming year, and each condition will have an impact on the selling price of the stock. The investor's beliefs about the economy are shown below: Synovous Price in One Year OUTCOME: Bad for Banks Moderate for Banks Good for Banks Probability 0.37 Submit 0.30 0.33 What is the standard deviation for Synovous returns (based on the investor's returns)? $2.54 $2.96 $3.23

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To calculate the standard deviation for Synovous returns based on the investors beliefs we can use t... View the full answer