Business
Business, 14.12.2019 07:31, chey1603

North around, inc. stock is expected to return 22 percent in a boom, 13 percent in a normal economy, and −15 percent in a recession. the probabilities of a boom, normal economy, and a recession are 6 percent, 92 percent, and 2 percent, respectively. what is the standard deviation of the returns on this stock?

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