Question: A stock has a -13% return during a recession, 3% return during neutral times, and 15% return during boom times. What is the standard deviation
A stock has a -13% return during a recession, 3% return during neutral times, and 15% return during boom times. What is the standard deviation for this stock?
Probabilities:
Recession = .15
Neutral = .70
Boom = .15
Write the standard deviation in percent form. Ex: 3.5% is 3.5. Round your answer to two decimal places.
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