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Problem 11-6 Calculating Returns and Standard Deviations You have been given the following Information: State of Economy Depression Recession Probability of State Rate of

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Problem 11-6 Calculating Returns and Standard Deviations You have been given the following Information: State of Economy Depression Recession Probability of State Rate of Return if of Economy .12 23 State Occurs -103 .061 .132 213 Normal Boom .47 18 Calculate the expected return and standard deviation. (Do not round Intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g.. 32.16.) Expected return % Standard deviation %

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