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Problem 10-23 Expected Return and Risk (LG10-1) Following are four economic states, their likelihoods, and the potential returns: Probability Return Economic state Fast growth Slow

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Problem 10-23 Expected Return and Risk (LG10-1) Following are four economic states, their likelihoods, and the potential returns: Probability Return Economic state Fast growth Slow growth Recession Depression 0.37 0.43 0.17 0.03 53.45 Compute the expected return and standard deviation (Do not round Intermediate calculations and round you answers to 2 decimal places.) Expected return Standard deviation 9?wiw

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