Using the following information for McDonovan, Inc's stock, calculate their expected return and standard deviation

State 1: Economic boom states 25 % occurrence returns 15%

State 2: Economic growth states 50% occurrence returns 16%

State 3: Economic decline states 25% occurence returns 18%

Answer rating: 100% (QA)

To calculate the expected return and standard deviation of McDonovan Incs stock we will use the foll... View the full answer