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Problem 10-17 Expected Return Risk (LG10-1) Following are three economic states, their likelihoods, and the potential returns: Economic Stat Fast growth Slow growth Recession 0.3

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Problem 10-17 Expected Return Risk (LG10-1) Following are three economic states, their likelihoods, and the potential returns: Economic Stat Fast growth Slow growth Recession 0.3 0.4 0.3 Return 40 % 10 -25 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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