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6. Calculating Returns and Standard Deviations Based on the following information, calcu- late the expected return and standard deviation: Rate of Return if State Occurs

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6. Calculating Returns and Standard Deviations Based on the following information, calcu- late the expected return and standard deviation: Rate of Return if State Occurs State of Economy Depression Recession Normal Boom Probability of State of Economy .15 .30 .45 -.148 .031 .162 .348 . 10

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