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Following are four economic states, their likelihoods, and the potential returns: Economic State Probability Return Fast growth 0.32 69 % Slow growth 0.56 28 Recession
Following are four economic states, their likelihoods, and the potential returns: Economic State Probability Return Fast growth 0.32 69 % Slow growth 0.56 28 Recession 0.07 20 Depression 0.05 54 Compute the expected return and standard deviation. (Do not round intermediate calculations and round your answers to 2 decimal places.) Expected return % Standard deviation
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