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Volatility of return back to qcom recall that you expect a

Question: Volatility of Return Back to QCOM. Recall that you expect a 15% return for the shares in a normal environment. However, you feel a boom or bust is equally likely at 20%, resulting in a return of 50% in a boom but a 10% decline in a bust. What is your approximate 1 year volatility of return under these assumptions?

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