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Following are three economic states, their likelihoods, and the potential returns: Probability Return 0.17 21% 10 -21 Economic State Fast growth Slow growth Recession 0.50

Following are three economic states, their likelihoods, and the potential returns: Probability Return 0.17 21% 10 -21 Economic State Fast growth Slow growth Recession 0.50 0.33 andard deviation Saved Determine the standard deviation of the expected return. (Do not round intermediate calculations ecimal places.) %

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