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Question
Stock W has the following returns for various states of the economy:| State of the Economy | Probability | Stock W's Return |
| Recession | 9% | -72% |
| Below Average | 16% | -15% |
| Average | 51% | 16% |
| Above Average | 14% | 35% |
| Boom | 10% | 85% |
Stock W's standard deviation of returns is
A) 12%.
B) 29%.
C) 37%.
D) 43%.
Answer
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