INCS manager believes that economic conditions during the next year will be strong, normal, or...
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Finance
INCS manager believes that economic conditions during the next year will be strong, normal, or weak, and she thinks that the firm's return will have the probability distribution shown below. what is the standard deviation of the estimated returns?
Economic
Conditions Prob. Return
Strong 30% 30.0%
Normal 40% 10.0%
Weak 30% -20.0%
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