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You have been given the following information: Probability of State Rate of Return if State of Economy of Economy Depression 14 Recession .21 Normal
You have been given the following information: Probability of State Rate of Return if State of Economy of Economy Depression 14 Recession .21 Normal .48 Boom .17 State Occurs -.109 .055 .126 .207 Calculate the expected return and standard deviation. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Expected return % Standard deviation % 5
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