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Compute the standard deviation of an assetgiven these three economic states, their likelihoods, and the potential returns: EconomicState ProbabilityReturn Fast Growth20.00%30.00% Slow Growth50.00%6.00% Recession30.00%-2.00%

Compute thestandard deviationof an assetgiven these three economic states, their likelihoods, and the potential returns:

EconomicState ProbabilityReturn

Fast Growth20.00%30.00%

Slow Growth50.00%6.00%

Recession30.00%-2.00%

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