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Following are four economic states, their likelihoods, and the potential returns: Economic State Probability Return Fast growth 0.37 64 % Slow growth 0.43 15 Recession

Following are four economic states, their likelihoods, and the potential returns:

Economic State Probability Return
Fast growth 0.37 64 %
Slow growth 0.43 15
Recession 0.17 20
Depression 0.03 53

Compute the expected return and standard deviation. (Do not round intermediate calculations and round your answers to 2 decimal places.)

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