Question: Using the table below, compute the standard deviation of the returns. State of the Economy Probability (%) Recession Moderate Average Good Excellent 12 19

Using the table below, compute the standard deviation of the returns. State of the Economy Probability (%) Recession Moderate Average Good Excellent 12 19 45 17 7 Projected Return (%) -9.00 -3.00 10.00 14.00 33.00
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