Question: Consider the total returns between Southeast Utilities and Precision Instruments for the different market trends. The summary statistics for these two stocks are as

Consider the total returns between Southeast Utilities and Precision Instruments for the different market trends. The summary statistics for these two stocks are as follows: POSSIBLE OUTCOMES PROBABILITY RETURNS SOUTHEAST PRECISION Bullish Trend 0.25 13% 16% Normal Trend 0.50 5% 1196 Recession 0.25 (7)96 13% Calculate the risk for both the company's stock and comment which is better and less risky?
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