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Question 13 Sharon is considering investing in a company's stock and is aware that the return on that investment is particularly sensitive to how the

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Question 13 Sharon is considering investing in a company's stock and is aware that the return on that investment is particularly sensitive to how the economy is performing. Her analysis suggests that four states of the economy can affect the return on the investment. Probability Return Boom 0.2 25.00% Good 0.1 15.00% Level 0.1 10.00% Slump 0.6 -5.00% Your answer is correct. Use the table of returns and probabilities above to determine the expected return on Sharon's investment? (Round answer to 3 decimal places, e.g. 0.076.) Expected return 0.045 SHOW SOLUTION VIDEO: SIMILAR PROBLEM * Your answer is incorrect. Try again. Use the table of returns and probabilities above to determine the standard deviation of the return on Sharon's investment? (Round answer to 5 decimal places, e.g. 0.07680.) Standard deviation 0.29230

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