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2. [5 pts] Exhibit 2 Outcome Recession Expansion Probability 25% 40% 35% Return -30% 15% 55% Boom Given Exhibit 2, what is the expected return?

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2. [5 pts] Exhibit 2 Outcome Recession Expansion Probability 25% 40% 35% Return -30% 15% 55% Boom Given Exhibit 2, what is the expected return? wee rohvn of 3. [5 pts] Given Exhibit 2 above, what is the expected standard deviation

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