Standard Deviation for a Share of the Firm’s Stock Assignment | Homework For You
June 9th, 2020
Andre is considering an investment in Pollard Inc. and has gathered the following information. The expected return for a share of the firm’s stock is 16.50%. What is the standard deviation for a share of the firm’s stock?
State of the Economy | Probability of the State | Return in the State |
Recession | .20 | -10% |
Steady | .50 | 10% |
Boom | .30 | 45% |
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