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Following are four economic states, their likelihoods, and the potential returns: Economic State Probability Return Fast growth 0 . 3 0 6 4 % Slow

Following are four economic states, their likelihoods, and the potential returns:
Economic State Probability Return
Fast growth 0.3064%
Slow growth 0.4813
Recession 0.1624
Depression 0.0657
Compute the expected return and standard deviation. (Do not round intermediate calculations and round your answers to 2 decimal places.)

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