Question: Problem 11-2 Standard Deviations (LO1, 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 (LO1, 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 os o percent rounded to 2 decimal places.) Probability Security of Return State of if State State of Economy Economy Occues Recession Normal .35 -8.00% 14.00 24.00 Boom Standard deviation 96
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