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Compute the STANDARD DEVIATION OF EXPECTED RETURNS given these three economic states, their likelihoods, and Economic State Probability Return Fast Growth 20.00% 30.00% Slow Growth

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Compute the STANDARD DEVIATION OF EXPECTED RETURNS given these three economic states, their likelihoods, and Economic State Probability Return Fast Growth 20.00% 30.00% Slow Growth 50.00% 6.00% Recession 30.00% -2.00% 1.28% 4.36% 7.82% 11.34%

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