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Lucy owns a GE stock and she estimates the following returns are likely depending on the state of the economy Economy Recession Normal Probability 25

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Lucy owns a GE stock and she estimates the following returns are likely depending on the state of the economy Economy Recession Normal Probability 25 Payoff 2.096 -55 Boom 12.0% 20 20.0% Based on Lucy's estimates, what is the expected return of GE stock and what is the standard deviation of GE's returns

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