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Expected return and standard deviation. Use the following information to answer the questions: a. What is the expected return of each asset? 7 decimal places
Expected return and standard deviation. Use the following information to answer the questions: 
State of Economy Boom Normal Recession Probability of State 0.34 0.53 0.13 Return on Asset A in State 0.03 0.03 0.03 Return on Asset B in State 0.23 0.08 -0.04 Return on Asset C in State 0.32 0.19 -0.22 a. What is the expected return of each asset?
7 decimal places please
b. What is the variance of each asset?
7 decimal places please
c. What is the standard deviation of each asset?
7 decimal places please
Hint: Make sure to round all intermediate calculations to at least seven (7) decimal places. The input instructions, phrases in parenthesis after each answer box, only apply for the answers you will type.
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Financial Management Principles and Application
Authors: Arthur J. Keown, J. William Petty, David F. Scott, Jr.
10th edition
536514119, 536514110, 978-0536514110
