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Following are three economic states, their likelihoods, and the potential returns: Economic State Fast growth Slow growth Recession Probability 0.3 0.4 0.3 Return 40% 10
Following are three economic states, their likelihoods, and the potential returns: Economic State Fast growth Slow growth Recession Probability 0.3 0.4 0.3 Return 40% 10 -25 Determine the standard deviation of the expected return. (Do not round intermedia decimal places.) Standard deviation % ces
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