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Based on the following information: State of Economy Probability of State of Economy Rate of Return if State Occurs Depression .07 .113 Recession .17 .051
| Based on the following information: |
| State of Economy | Probability of State of Economy | Rate of Return if State Occurs |
| Depression | .07 | .113 |
| Recession | .17 | .051 |
| Normal | .43 | .122 |
| Boom | .33 | .203 |
| Calculate the expected return. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
| Expected return | % |
| Calculate the standard deviation |
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