Question: Problem 11-2 Standard Deviations (L01, CFA2) Use the following information on states of the economy and stock returns to calculate the standard deviation of returns
Problem 11-2 Standard Deviations (L01, CFA2) Use the following information on states of the economy and stock returns to calculate the standard deviation of returns (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Probability Security of State of Economy State of Economy Recession Normal Boom Return if State Occurs - 9.00% 14.00 23.00 .30 Standard deviation
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