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Round to four decimal places. Expected return and standard deviation a. What is the expected return of asset J? State of Economy Boom Growth Stagnant

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Round to four decimal places. Expected return and standard deviation a. What is the expected return of asset J? State of Economy Boom Growth Stagnant Recession Probability of State 20.26 0.38 0.21 0.15 Return on Asset Jin State 0.050 0.050 0.050 0.050 Return on Asset Kin State 0.190 0.100 0.030 -0.070 Return on Asset Lin State 0.250 0.190 0.080 -0.190

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