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Based on the following information: State of Economy Depression Recession Normal Boom Probability of State of Economy 0.06 0.16 0.42 0.36 Rate of Return if
Based on the following information: State of Economy Depression Recession Normal Boom Probability of State of Economy 0.06 0.16 0.42 0.36 Rate of Return if State Occurs -0.114 0.050 0.121 0.202 Calculate the expected return. (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Expected return 12.47% Calculate the standard deviation. (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Standard deviation 15.12 %
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