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Following are three economic states, their likelihoods, and the potential returns: Economic State Probability Return Fast growth 0.28 26 % Slow growth 0.38 14 Recession

Following are three economic states, their likelihoods, and the potential returns:
Economic State Probability Return
Fast growth 0.28 26 %
Slow growth 0.38 14
Recession 0.34 36

Determine the standard deviation of the expected return. (Round your answer to 2 decimal places.)

Standard deviation

%

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