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The expected returns for Surf Company are shown below: Economy Probability Return Boom 0.05 20% Above average 0.20 15% Average 0.35 8% Below average 0.30
The expected returns for Surf Company are shown below:
Economy Probability Return
Boom 0.05 20%
Above average 0.20 15%
Average 0.35 8%
Below average 0.30 5%
Recession 0.10 -25%
Calculate expected return and standard deviation for Surf Co.
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