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Following are four economic states, their likelihoods, and the potential returns: Economic State Fast growth Slow growth Recession Depression Probability Return 0.30 60% 0.50 13

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Following are four economic states, their likelihoods, and the potential returns: Economic State Fast growth Slow growth Recession Depression Probability Return 0.30 60% 0.50 13 0.15 -15 0.05 -45 Compute the expected return and standard deviation. (Round your answers to 2 decimal places.) % Expected return Standard deviation %

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