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Following are three economic states, their likelihoods, and the potential returns: Economic State Probability Return Fast growth 0.20 30 % Slow growth 0.58 5 Recession
| Following are three economic states, their likelihoods, and the potential returns: |
| Economic State | Probability | Return | |||
| Fast growth | 0.20 | 30 | % | ||
| Slow growth | 0.58 | 5 | |||
| Recession | 0.22 | 35 | |||
| Determine the standard deviation of the expected return. (Round your answer to 2 decimal places.) |
| Standard deviation | % |
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