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Following are three economic states, their likelihoods, and the potential returns: Economic State Probability Return Fast growth 0.27 32 % Slow growth 0.35 4 Recession
| Following are three economic states, their likelihoods, and the potential returns: |
| Economic State | Probability | Return | |||
| Fast growth | 0.27 | 32 | % | ||
| Slow growth | 0.35 | 4 | |||
| Recession | 0.38 | 22 |
| Determine the standard deviation of the expected return. (Round your answer to 2 decimal places.) |
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
