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Problem 10-24 Expected Return and Risk (LG10-1) Following are four economic states, their likelihoods, and the potential returns: 9.09 points Economic State Fast growth slow

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Problem 10-24 Expected Return and Risk (LG10-1) Following are four economic states, their likelihoods, and the potential returns: 9.09 points Economic State Fast growth slow growth Recession Depression Probability 0.38 0.49 0.09 0.04 Return 62 18 -19 H -50 Print References Compute the expected return and standard deviation. (Do not round Intermediate calculations and round your answers to 2 decimal places.) Expected return Standard deviation

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