You have been given this probability distribution for the holding-period return for Cheese, Inc. stock: Stock of the Economy Probability HPR Boom 0.20 24 % Normal growth 0.45 15 % Recession 0.35 8 % Assuming that the expected return on Cheese's stock is 14.35%, what is the standard deviation of these returns

scenario: hawaii and south carolina are trading partners. hawaii has an absolute advantage in the production of both coffee and tea. the opportunity cost of producing 1 pound of tea in hawaii is 2 pounds of coffee, and the opportunity cost of producing 1 pound of tea in south carolina is 1/3 pound of coffee. which of the following statements is true? a. south carolina should specialize in the production of both tea and coffee. b. hawaii should specialize in the production of tea, whereas south carolina should specialize in the production of coffee. c. hawaii should specialize in the production of coffee, whereas south carolina should specialize in the production of tea. d. hawaii should specialize in the production of both tea and coffee.