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You have been given the following information: State of Economy Probability of State of Economy Rate of Return if State Occurs Depression . 0 8

You have been given the following information:
State of Economy Probability of State of Economy Rate of Return if State Occurs
Depression .08.098
Recession .18.066
Normal .43.137
Boom .31.218
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.)

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