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1 . Following are three economic states, their likelihoods, and the potential returns: Economic State Probability Return Fast growth 0 . 2 3 3 3

1.Following are three economic states, their likelihoods, and the potential returns:
Economic State Probability Return
Fast growth 0.2333%
Slow growth 0.327
Recession 0.4511
Determine the standard deviation of the expected return.
Note: Do not round intermediate calculations and round your answer to 2 decimal places.
2.If the risk-free rate is 5.6 percent and the risk premium is 3.6 percent, what is the required return?
Note: Round your answer to 1 decimal place.
3. You have a portfolio with a beta of 1.51. What will be the new portfolio beta if you keep 93 percent of your money in the old portfolio and 7 percent in a stock with a beta of 0.88?
Note: Do not round intermediate calculation and round your answer to 2 decimal places.

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