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Calculating Standard DeviationNorth Around, Incorporated, stock is expected to perform as follows: able[[State of Economy (SE),Probability of SE,Expected Returns],[Boom,18%,21�lculating Standard DeviationNorth Around,Incorporated,stock is expected to perform as follows:State of Economy(SE Boom Normal RecessionProbability of SE 18% 49% 33%Expected Returns 21% 6% 12%What is the standard deviation of the returns on this stock? Give your answer in percentage form,to 2 decimal places.
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