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View Point Industries Has Forecast a Rate of Return of 20.00

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View Point Industries has forecast a rate of return of 20.00% if the economy booms (25.00% probability) ; a rate of return of 15.00% if the economy is in a growth phase (45.00% probability) ; a rate of return of 2.50% if the economy is in decline (20.00% probability) ; and a rate of return of -15.00% if the economy is in a depression (10.00% probability) . What is View Point's standard deviation of returns? Do not round intermediate computations. Round your final answer to two decimal points.


Definitions:

Enzymatic Activity

The process and rate at which enzymes catalyze reactions, converting substrates into different molecules.

Freezing

The process of a liquid turning into a solid phase as its temperature is lowered below its freezing point.

Lipid Globules

Small droplets of lipids within cells, serving as energy storage or signaling molecules.

Mechanical Activity

Physical actions or movements brought about by the force of muscles on the skeleton, aiding in bodily functions and locomotion.

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