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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 .07 - .097 Recession
You are given the following information:
State of Economy Probability of State of Economy Rate of Return if state occurs
Depression .07 - .097
Recession .17 .067
Normal .42 .138
Boom .34 .219
Calculate the expected return.
Calculate the standard deviation.
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