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Following are three economic states, their likelihoods, and the potential returns: Economic State Fast growth Slow growth Recession Probability 0.2 0.6 0.2 Return 35% 10

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Following are three economic states, their likelihoods, and the potential returns: Economic State Fast growth Slow growth Recession Probability 0.2 0.6 0.2 Return 35% 10 -30 Determine the standard deviation of the expected return. (Round your answer to 2 decimal places.) Standard deviation %

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