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Following are four economic states, their likelihoods, and the potential returns: Economic State Probability Return Fast growth 0.42 63% Slow growth 0.37 16 Recession 0.16

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Following are four economic states, their likelihoods, and the potential returns: Economic State Probability Return Fast growth 0.42 63% Slow growth 0.37 16 Recession 0.16 -17 Depression 0.05 -50 Compute the expected return and standard deviation. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Expected retum Standard deviation

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