Question: Analysts predict that over the next year, Thete, Inc.s common stock has a 30% chance of returning 10%, a 45% chance of returning 18%, and
Analysts predict that over the next year, Thete, Inc.s common stock has a 30% chance of returning 10%, a 45% chance of returning 18%, and a 25% chance of returning 24%. What is the standard deviation of returns on Thete, Inc.s common stock? Submit your answer as a percentage and round to two decimal places.
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