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Following are four economic states, their likelihoods, and the potential returns: Economic State Probability Return Fast growth 0 . 3 1 6 9 % Slow

Following are four economic states, their likelihoods, and the potential returns:
Economic State Probability Return
Fast growth 0.3169%
Slow growth 0.5018
Recession 0.1723
Depression 0.02-57
Compute the expected return and standard deviation.

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