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Following are three economic states, their likelihoods, and the potential returns: Return 27% Economic State Fast growth Slow growth Recession Probability 0.26 0.37 0.37 -17

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Following are three economic states, their likelihoods, and the potential returns: Return 27% Economic State Fast growth Slow growth Recession Probability 0.26 0.37 0.37 -17 Book Determine the standard deviation of the expected return. (Do not round intermediate calculations and round your answer to 2 decimal places.) Hint Standard deviation

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