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Michelle recently imvested in real estate with the intention of selling the property one year from today She thas modeled the returns of that investment

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Michelle recently imvested in real estate with the intention of selling the property one year from today She thas modeled the returns of that investment based on three economic scenarios. She believes that if the economy stays healtiy, then her ivestment will gener ate a 30 percent return. However, if the economy softens, as predicted, the return will be 10 percent, while the return will be 25 percent if the economy slips into a recession. If the probabilities of the healtiy, selt, and recessionary states are 0.5,0.4, and 0.1, reipectively. then what are the expected return and the standard deviation of the return on Michelle's investmient? Rocund onswers to 3 decimal ploces, eg, 0.125 and round intermediote calculations to 5 decimal ploces, es, 0.07680j Expected return Standard deviation eTextbook and Media Attempts: 0 of 3 used Using multiple attempts will impact your score

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