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Based on the following information: State of Economy Probability of State of Economy Rate of Return if State Occurs Depression .06 ?.114 Recession .16 .050
Based on the following information: |
State of Economy | Probability of State of Economy | Rate of Return if State Occurs |
Depression | .06 | ?.114 |
Recession | .16 | .050 |
Normal | .42 | .121 |
Boom | .36 | .202 |
Calculate the expected return. |
Calculate the standard deviation. |
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