If your stock will yield negative 13 in a recession and 23


You believe that next year there is a 30?% probability of a recession and 70?% probability that the economy will be normal. If your stock will yield negative 13?% in a recession and 23?% in a normal? year, what is the standard deviation of the? stock?

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Financial Management: If your stock will yield negative 13 in a recession and 23
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