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Expected roturn and standard deviation. Use the following information to answer the questions: a. What is the expected return of each asset? b. What is

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Expected roturn and standard deviation. Use the following information to answer the questions: a. What is the expected return of each asset? b. What is the variance of each asset? c. What is the standard deviation of each asset? Hint: Make sure to round all intermediate calculations to at least seven (7) decimal places. The input instructions, phra: you will type. Click on the following icon in order to copy its contents into a spreadsheet.) State of Economy Boom Normal Recession Probability of State 0.33 0.49 0.18 Return on Asset A in State 0.02 0.02 0.02 Return on Asset B in State 0.23 0.06 -0.02 Return on Asset C in State 0.34 0.21 -0.27

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