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Based on the following information: State of Economy Depression Recession Normal Boom Probability of State of Economy 0.09 0.19 0.50 Rate of Return if State
Based on the following information: State of Economy Depression Recession Normal Boom Probability of State of Economy 0.09 0.19 0.50 Rate of Return if State Occurs -0.111 0.053 0.124 0. 205 0.22 Calculate the expected return. (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Expected return Calculate the standard deviation. (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Standard deviation
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