USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

Multiple Choice

USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)
A financial analyst covering Magnum Oil has determined the following four possible returns given four different states of the economy over the next period.

-Refer to Exhibit 6.13. Calculate the standard deviation for Magnum Oil.

A) 0 percent
B) 11 percent
C) 16 percent
D) 20 percent
E) 26 percent