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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 urn 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 urn Economic State Fast growth Slow growth Recess ion Depression 0.30 0.50 60% -45 Compute the expected return and standard deviation. (Round your answers to 2 decimal places.) Expected return Standard deviation

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