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2. You have been given this probability distribution of the holding period return for KMP stock: State Probability Return 1 30% 20% 2 60% 12%

2. You have been given this probability distribution of the holding period return for KMP stock: State Probability Return 1 30% 20% 2 60% 12% 3 10% -5% What are the expected return and standard deviation for KMP stock?

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