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Compute the expected return and standard deviationFollowing are four economic states, their likelihoods, and the potential returns: Economic State Probability Return Fast Growth 0.26 53%

Compute the expected return and standard deviationFollowing are four economic states, their likelihoods, and the potential returns:

Economic State Probability Return

Fast Growth 0.26 53%

Slow Growth Recession 0.44 11

Depression 0.11 -44

Recession 0. 19 -12

Calculate the expected return and stated deviation

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