Analysts predict that over the next year, Sammy's, Inc.s common stock has a 25% chance of returning
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Analysts predict that over the next year, Sammy's, Inc.’s common stock has a 25% chance of returning 7%, a 40% chance of returning 15%, and a 35% chance of returning 27%. What is the standard deviation of returns on Sammy's, Inc.’s common stock? Submit your answer as a percentage and round to two decimal places.
Related Book For
International Financial Management
ISBN: 978-0078034657
6th Edition
Authors: Cheol S. Eun, Bruce G.Resnick
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