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You are given the following information: State of Economy Probability of State of Economy Rate of Return if State Occurs Depression .11 .104 Recession .24
You are given the following information: |
State of Economy | Probability of State of Economy | Rate of Return if State Occurs |
Depression | .11 | .104 |
Recession | .24 | .060 |
Normal | .46 | .131 |
Boom | .19 | .212 |
Calculate the expected return. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places (e.g., 32.16).) |
Expected return | % |
Calculate the standard deviation. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places (e.g., 32.16).) |
Standard deviation | % |
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