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c. The first 3 columns of the following figure contain the probability of outcomes (states of the world, and the returns for a security in

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c. The first 3 columns of the following figure contain the probability of outcomes (states of the world, and the returns for a security in each state of the world. Calculate the expected return and standard deviation of the security. (6 points) State of the World Probability Return Expansion 0.25 5.00% Normal 0.50 15.0% Recession 0.25 25.0%

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