Compute the standard deviation of the


Using table below, compute the standard deviation of the returns;

State of the Economy Probability (%) Projected Return (%)

Recession 9% -7.33%

Moderate 20% 3.21%

Average 46% 9.36%

Good 17% 13.79%

Outstanding 8% 23.94%

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Financial Management: Compute the standard deviation of the
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