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Following are three economic states, their likelihoods, and the potential returns: Economic State Probability Return Fast growth 0 . 2 9 2 5 % Slow

Following are three economic states, their likelihoods, and the potential returns:
Economic State Probability Return
Fast growth 0.2925%
Slow growth 0.4111
Recession 0.3038
Determine the standard deviation of the expected return.

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