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3 . 9 . Calculating expected return. Based on the following information, calculate the expected return, variance, and standard deviation table [ [ State

3.9. Calculating expected return. Based on the following information, calculate the expected return, variance, and standard deviation
\table[[State of economy,\table[[Probability of state],[of economy]],\table[[Portfolio return if],[state occurs]]],[Recession,.10,-0.15],[Normal,.60,0.09],[Boom,.30,0.23]]
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