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The expected returns for Surf Company are shown below: Economy Probability Return Boom 0.05 25% Above average 0.25 15% Average 0.40 10% Below average 0.25
The expected returns for Surf Company are shown below:
Economy Probability Return
Boom 0.05 25%
Above average 0.25 15%
Average 0.40 10%
Below average 0.25 5%
Recession 0.05 -15%
Calculate expected return and standard deviation for Acme.
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