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a)The following predictions have been made regarding the economic states. Calculate the expected return and standard deviation for share A ( 1 mark ) State
a)The following predictions have been made regarding the economic states. Calculate the expected return and standard deviation for share A (1 mark)
State
Probability of the state
Share A rate of return
Recession
0.10
-0.20
Normal
0.50
0.10
Boom
0.40
0.70
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