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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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