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Consider the following information on the Market's return given below. a . What is the expected return? b . What is the standard deviation? c

Consider the following information on the Market's return given below.
a. What is the expected return?
b. What is the standard deviation?
c. If the distribution is normal, 95% of the time the return should fall within what range?
\table[[State of the Economy,\table[[Expected Return],[on the Market (%)]],Probability],[Recession,-4%,.25],[Stable,2%,.50],[Expansion,+7%,.25]]
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