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Following are three economic states, their likelihoods, and the potential returns: Probability Economic State Return Fast growth Slow growth 0.20 301 0.58 5 0.22 -35
Following are three economic states, their likelihoods, and the potential returns: Probability Economic State Return Fast growth Slow growth 0.20 301 0.58 5 0.22 -35 Recession Determine the standard deviation of the expected return. (Do not round intermediate calculations and round your answer to 2 decimal places.) Standard deviation
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