What is the standard deviation of an investment that has the following expected scenario? 18% probability of a recession, 2.0% return; 65% probability of a moderate economy, 9.5% return; 17% probability of a strong economy, 14.2% return
A) 3.68%
B) 1.23%
C) 8.47%
D) 6.66%
Answer: A
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