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Following are three economic states, their likelihoods, and the potential returns: Economic State Probability Return Fast growth 0.30 46 % Slow growth 0.33 8 Recession

Following are three economic states, their likelihoods, and the potential returns:

Economic State Probability Return
Fast growth 0.30 46 %
Slow growth 0.33 8
Recession 0.37 41

Determine the standard deviation of the expected return

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