Based on economic conditions, you compiled the following information with estimates of returns from Shoe...

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Based on economic conditions, you compiled the following information with estimates of returns from Shoe Building Inc.'s stock and the probabilities associated with the economic condition for the next year: Market Condition Probability (p1) Shoe Building Inc. (Rn) Boom Normal Recession 0.25 0.40 0.35 13% 8% -10% Using this information, calculate the standard deviation of returns from Shoe Building Inc.'s stock. O 17.15% O 3.11% O 94.15% O 9.70%

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