Stock W has the following returns for various states of the

Stock W has the following returns for various states of the economy: State of the Economy Probability Stock W\'s Return Recession 9% -72% Below Average 16% -15% Average 51% 16% Above Average 14% 35% Boom 10% 85% Stock W\'s standard deviation of returns is Select one: 37%. 12%. 29%. 43%.

Solution

A. 37%